Trends in price, spending, and utilization of omalizumab among Medicare beneficiaries

Int Forum Allergy Rhinol. 2023 Nov;13(11):2105-2108. doi: 10.1002/alr.23185. Epub 2023 Jun 6.

Abstract

Between January 2005 and January 2023, the average selling price of omalizumab increased by nearly 60%. Between 2016 and 2021, Medicare Part B and D spending on omalizumab totaled over $3.7 billion. Between 2016 and 2021, Medicare Part B and D utilization of omalizumab increased by approximately 30%.

Keywords: Medicare; biologics; biosimilars; chronic rhinosinusitis; cost; nasal polyps; omalizumab; price; utilization.