29 October 2018 - Further analysis of the first round of Public Summary Documents from the July 2018 PBAC meeting reveals some concerning insights.
The PBAC recommended the (revised) listing of six medicines/combination products on the PBS on the basis of a comparison with the lowest cost alternative:
In contrast, the PBAC recommended three medicines on the basis of a comparison with placebo:
and another five medicines/combination products on the basis of a comparison with best supportive care:
These results need to be interpreted with caution as they are dependent on the mix of submissions considered by the PBAC which varies from meeting to meeting. The medicines/combination products recommended on the basis of a comparison with placebo/best supportive care were on a cost-effectiveness basis whereas the medicines/combination products recommended on the basis of a comparison with the lowest cost comparison were on a cost-minimisation basis.
While many of the medicines/combination products recommended by the PBAC on the basis of a comparison with the lowest cost alternative are for the biological disease-modifying anti-rheumatic drugs (bDMARDs), they are not limited to them.
Users of MAESTrO are able to search for all medicines/combination products recommended by the PBAC on the basis of a comparison with the lowest cost alternative; for the submission for tildrakizumab, the comparator (outcome) is 'biological disease-modifying anti-rheumatic drug (bDMARD) (lowest cost)'
This is the first PBAC meeting where more submissions were recommended on the basis of a comparison with the lowest cost alternative when compared with either placebo or best supportive care. It will be interesting to see if this trend continues over time.