Policy Impact Analysis - 117/HR/9127

Bill Overview

Title: Mandating Exclusive Review of Individual Treatments (MERIT) Act

Description: This bill specifies that coverage determinations for drugs and biologics under Medicare must be made with respect to each drug or biologic, rather than with respect to a class of drugs or biologics.

Sponsors: Rep. Buchanan, Vern [R-FL-16]

Target Audience

Population: Medicare beneficiaries using drugs or biologics

Estimated Size: 64000000

Reasoning

Simulated Interviews

Retired (Tampa, FL)

Age: 72 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • I often worry about whether the medications I need will remain affordable.
  • The personalized review seems like it will help me get better care specific to my needs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 5
Year 5 7 5
Year 10 7 5
Year 20 6 4

Farmer (Des Moines, IA)

Age: 68 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • It's good they are focusing on individual drugs because my treatment depends on specific biologics.
  • Having more personalized evaluations might mean I get exactly what is best for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 9 4
Year 20 8 4

Retired Teacher (Phoenix, AZ)

Age: 70 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 7.0 years

Commonness: 10/20

Statement of Opinion:

  • I am happy to see there might be more attention to individual drugs.
  • However, I hope this doesn't complicate things and make them more expensive.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 7 6

Musician (New York, NY)

Age: 64 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 12/20

Statement of Opinion:

  • I might see benefits later when I join Medicare.
  • The impact on individual drugs is something I look forward to as it could make treatments more tailored.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 5
Year 10 6 5
Year 20 6 5

Retired Civil Engineer (Seattle, WA)

Age: 78 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 6.0 years

Commonness: 7/20

Statement of Opinion:

  • The individual consideration can help me get the best heart medicine available, which is great.
  • I hope that it will also lower my out-of-pocket expenses.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 7
Year 5 9 7
Year 10 9 6
Year 20 8 6

Retired Accountant (Austin, TX)

Age: 66 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • The MERIT Act could significantly enhance my access to the specific drugs I need.
  • I feel hopeful that this could simplify getting coverage.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 7 4
Year 5 8 3
Year 10 9 3
Year 20 8 3

Volunteer (Boise, ID)

Age: 74 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 1.0 years

Commonness: 10/20

Statement of Opinion:

  • I already have a personalized plan so I don't think this will make much difference.
  • It's a decent effort to improve things for others though.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Retired Fisherman (Charleston, SC)

Age: 80 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 11/20

Statement of Opinion:

  • I'm skeptical about how much it will help—the changes could create confusion.
  • Hope it won't affect my current access to essential drugs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 6 5
Year 5 5 5
Year 10 5 4
Year 20 5 4

Part-time Consultant (Los Angeles, CA)

Age: 69 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • Hopefully, these detailed reviews mean I'll get the best medication possible.
  • It sounds promising but we need to be aware of potential costs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 5
Year 10 7 5
Year 20 6 4

Retired Factory Worker (Detroit, MI)

Age: 81 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • I'm not sure how this will change anything for me.
  • If it leads to better bargains on medications, I'll be glad.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 4
Year 20 5 4

Cost Estimates

Year 1: $1500000000 (Low: $1000000000, High: $2000000000)

Year 2: $1575000000 (Low: $1050000000, High: $2100000000)

Year 3: $1653750000 (Low: $1102500000, High: $2205000000)

Year 5: $1825206250 (Low: $1216800000, High: $2433600000)

Year 10: $2250955334 (Low: $1557000000, High: $3114000000)

Year 100: $10000000000 (Low: $7000000000, High: $14000000000)

Key Considerations