2021
DOI: 10.24926/iip.v12i2.3992
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Peter Rabbit is a Badger in Disguise: Deconstructing the Belief System of the Institute for Clinical and Economic Review in Health Technology Assessment

Abstract: The Institute for Clinical and Economic Review (ICER), a Boston-based consulting group, has seen itself as the lead organization in the US for evaluating pharmaceuticals and, at product launch, making recommendations for pricing and access. Previous commentaries in Innovations in Pharmacy have made the case that the ICER analytical framework is nonsensical. It abandons the standards of normal science in favor of inventing evidence through unsupported assertions regarding measurement properties and lifetime ass… Show more

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Cited by 10 publications
(9 citation statements)
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“…Previous commentaries have pointed out that the ICER embrace of assumption-driven simulated model claims defies the standards of normal science and fundamental measurement. 12 , 13 Yet, with the continued acceptance of the approximate-information meme, ICER through its stable of academic consultants, keeps producing imaginary modeled recommendations for pricing, with threshold cost-per-QALY cutoffs, and access to the selected drugs. The BMJ study points quite clearly to the futility of this approach in that ICER’s modeling produces only one or a selection of many possible imaginary value claims for cost-effectiveness and pricing to achieve threshold cutoffs.…”
Section: Implications For Icer-modelled Claimsmentioning
confidence: 99%
“…Previous commentaries have pointed out that the ICER embrace of assumption-driven simulated model claims defies the standards of normal science and fundamental measurement. 12 , 13 Yet, with the continued acceptance of the approximate-information meme, ICER through its stable of academic consultants, keeps producing imaginary modeled recommendations for pricing, with threshold cost-per-QALY cutoffs, and access to the selected drugs. The BMJ study points quite clearly to the futility of this approach in that ICER’s modeling produces only one or a selection of many possible imaginary value claims for cost-effectiveness and pricing to achieve threshold cutoffs.…”
Section: Implications For Icer-modelled Claimsmentioning
confidence: 99%
“…1 – 4 Central to these critiques has been the disregard by ISPOR/ICER of the standards of normal science where value claims must be credible, evaluable and replicable. 5 Add to this disregard of the standards of normal science is the mathematically impossible quality adjusted life year (QALY); ignoring the fact that the multiattribute preference scores are simply composite ordinal scores rather that the single attribute bounded ratio measure that you require to construct a QALY. 6 The preference scores in turn lack dimensional homogeneity and construct validity.…”
Section: Introductionmentioning
confidence: 99%
“…The release on 4 November 2021 of the final evidence report by the Institute for Clinical and Economic Review (ICER) for tezepelumab (Tezspire; Amgen and Astra Zeneca) in severe asthma is critically examined in this commentary regarding the creation of imaginary evidence for cost-effectiveness and the consequent recommendations for a social Health Benefit Price Benchmark (HBPB) 1 . As detailed in previous commentaries and in submissions to ICER on previous evidence reports, the ICER reference case requirements for modelled comparative claims fail the standards for normal science 2 3 4 . Assumption driven simulation models produce just one of a potential multitude of tezepelumab models; none can claim superiority over the other in choice of assumption because claims from the past cannot support claims on an unknown future.…”
Section: Introductionmentioning
confidence: 95%