NICM commissioned Access Economics to undertake a series of cost effectiveness studies of selected CM interventions where a reasonable body of scientific evidence for efficacy and safety of the intervention was available. An expert Reference Group was convened and from a range of CM interventions that were considered for analyses, five were chosen. These included:
* Acupuncture for chronic non-specific low back pain;
* St John's wort for mild to moderate depression;
* A proprietary herbal medicine for pain and inflammation of osteoarthritis;
* Omega-3 fish oils for secondary prevention of heart disease;
* Omega-3 fish oils to reduce non-steroidal anti-inflammatory drug use in rheumatoid arthritis.
The study found that the first 4 of these were extremely cost-effective, with huge potential savings to the nation's medical costs.