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Incorporating chronic kidney disease into the cost-effectiveness of MASLD treatment: Correspondence to letter to the editor on “Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease”

Clinical and Molecular Hepatology 2026;32(3):e415-e418.
Published online: February 2, 2026

1Department of Internal Medicine, Hanyang University Hospital, Hanyang University College of Medicine, Seoul, Korea

2Hanyang Institute of Bioscience and Biotechnology, Hanyang University, Seoul, Korea

3Department of Pharmacotherapy, University of Utah College of Pharmacy, Salt Lake City, Utah, USA

4Department of Radiology, Hanyang University College of Medicine, Seoul, Korea

5Department of Family Medicine, Myoungji Hospital, Hanyang University College of Medicine, Goyang, Korea

6Department of Pharmacy, Sahmyook University College of Pharmacy, Seoul, Korea

Corresponding author : Dae Won Jun Department of Internal Medicine, Hanyang University College of Medicine, 222-1 Wangsimni-ro, Seongdong-gu, Seoul 04763, Korea Tel: +82-2-2290-8338, Fax: +82-2-972-0068, E-mail: noshin@hanyang.ac.kr
Hye-Lin Kim Department of Pharmacy, Sahmyook University College of Pharmacy, 815 Hwarang-ro, Nowon-gu, Seoul 01795, Korea Tel: +82-2-3399-1625; Fax: +82-2-3399-1617, E-mail: maristella76@tistory.com

Eileen L. Yoon, Jeong-Yeon Cho, Mimi Kim, and Huiyul Park contributed equally to this work as co-first authors.


Editor: Han Ah Lee, Chung-Ang University College of Medicine, Korea

• Received: January 20, 2026   • Accepted: January 24, 2026

Copyright © 2026 by The Korean Association for the Study of the Liver

This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Dear Editor,
We sincerely thank Di Sessa et al. for their insightful letter to the editor regarding our recently published article [1,2]. We appreciate their constructive comments highlighting the importance of chronic kidney disease (CKD) as a relevant systemic comorbidity in metabolic dysfunction-associated steatotic liver disease (MASLD) and important directions for future research.
As noted by the authors, numerous prospective cohort studies have consistently reported a stepwise increase in the risk of incident CKD as the burden of liver fibrosis increases [3]. For instance, in a cohort of patients with NAFLD, those with a higher NAFLD fibrosis score (NFS≥–1.455) had an approximately 1.58-fold higher risk of incident CKD compared to the non-NAFLD group [4]. Furthermore, a study stratifying fibrosis stages using transient elastography in 5,983 patients with NAFLD found that advanced fibrosis (LSM≥9.5 kPa) increased the risk of incident CKD by 5.40-fold compared to those without fibrosis (F0; <5.5 kPa) [5]. Similarly, in patients with type 2 diabetes and NAFLD, advanced fibrosis was associated with a significantly higher risk of incident CKD (adjusted hazard ratio ≈ 1.75), suggesting that liver fibrosis is a key risk stratification factor for renal prognosis [6]. Given that CKD also substantially impacts health-related quality of life (HRQoL) [7,8], incorporating CKD into economic evaluations is likely to further enhance the cost-effectiveness of the hypothetical therapy.
Although our original model did not explicitly include a CKD state to maintain model simplicity, we acknowledge that this exclusion likely led to a conservative estimation of the hypothetical drug’s cost-effectiveness. To illustrate this point, we performed a supplementary estimation applying the fibrosis stage-specific incidence rates of CKD to our Markov model over 10 years (Table 1). In this supplementary simulation, we estimated the potential reduction in CKD incidence based solely on the indirect protective effects mediated by liver fibrosis regression. To maintain model parsimony while ensuring a conservative estimate, we applied the following specific assumptions:
• Number of individuals in the hypothetical cohort: 10000 (fibrosis stage distribution, F2:F3 = 40%:60%)
• Treatment effect assumption for fibrosis stage improvement (response gap between hypothetical drug X and no treatment): same as our original study
- initial response rate gap: 25%
- minimal sustained durability gap: 2%
• CKD risk by fibrosis stage [9]
- rate per 100 person-yr: 2.17 in F0-F2, 2.97 in F3, 4.49 in F4
- Health utility index decrement by CKD [8]: –0.18
• Assumptions regarding CKD state and the treatment effect on kidney function
- Homogeneity of CKD state: Incident CKD was defined as an estimated glomerular filtration rate (eGFR) <60 mL/min/1.73 m² without stratifying between CKD stages 3, 4, and 5.
- Efficacy: We applied a conservative assumption that hypothetical drug has no direct renoprotective effect, attributing all renal risk reduction strictly to the improvement in liver histology.
As shown in the simulation, the Drug X-treatment group, which achieved fibrosis regression, had a lower cumulative incidence of CKD events (2,333 vs. 2,615) and less total QALY loss related to CKD (420.0 vs. 470.6) compared to those of non-treatment group over the 10-year horizon. This demonstrates that if the renal benefits of fibrosis regression were accounted for, the hypothetical drug would generate even greater health utility gains and potential cost savings from avoided kidney disease.
However, most cost-effectiveness analyses of MASLD therapeutics, including our own, have not fully incorporated or rigorously evaluated the benefits regarding the prevention or delayed progression of CKD to date. Therefore, we consider the suggestion to integrate CKD into economic evaluations to be valid and highly significant from both clinical and policy perspectives. To accurately model the costs and health effects associated with CKD in future economic evaluations of MASLD therapies, several key lines of evidence must first be established:
First, robust evidence is needed to quantify the magnitude of the impact of liver fibrosis regression on changes in renal function (e.g., eGFR) and the risk of incident CKD. While studies reporting an association between MASLD fibrosis severity and CKD are relatively abundant [3], long-term prospective data quantifying the effect size—specifically, how much MASLD progression or regression drives renal deterioration or recovery—remain insufficient. Furthermore, data are required to determine whether novel therapeutic agents possess “direct renoprotective effects” beyond the indirect benefits mediated by fibrosis improvement, and to what extent these effects translate into reduced CKD incidence or delayed progression. Second, evidence regarding the secondary mediation effect of renal function changes—resulting from MASLD progression or treatment—on major adverse cardiovascular events is essential. As prospective clinical evidence accumulates, particularly for agents with reported cardiorenal benefits such as GLP-1 receptor agonists, we anticipate that “holistic” economic evaluations integrating liver improvement, cardiovascular risk reduction, and renal protection will become feasible. Third, quantitative evidence regarding the effect of currently approved or investigational therapies (e.g., resmetirom, GLP-1 receptor agonists) on renal function improvement is still limited. Consequently, there is substantial uncertainty in accurately estimating how renal functional improvements driven by MASLD treatment translate into QALY gains and ICER improvements.
In conclusion, the ICER derived in our study should be interpreted as a conservative “upper bound” for the cost-effectiveness ratio. Given that CKD is associated with substantial healthcare costs and marked deterioration in health-related quality of life, the actual economic value of MASLD treatment may be greater than that suggested by our model, particularly if renal benefits are present, either directly or indirectly. We strongly concur with the perspective of Di Sessa et al. that future economic evaluations must evolve into ‘multi-organ disease models’. Such comprehensive frameworks, capturing not only liver-related outcomes but also cardiovascular and renal benefits, are essential for informing more holistic and accurate clinical decision-making.

Ethics approval statement

The study protocol was conducted in accordance with both the Declarations of Helsinki and Istanbul and was approved by the institutional review board of Hanyang University (IRB No. HY-2023-10-007). The requirement for informed consent was waived by the IRB due to the retrospective design of the study.

Data availability

The datasets generated during and/or analyzed during the current study are available from the corresponding author on reasonable request.

Authors’ contributions

Study concept and design: All authors. Acquisition of data: Dae Won Jun and Hye-Lin Kim. Analysis and interpretation of data: All authors. Drafting of the manuscript: Jeong-Yeon Cho and Eileen L. Yoon. Critical revision and final approval of the manuscript: All authors. Statistical analysis: Jeong-Yeon Cho and Hye-Lin Kim. Study supervision: Dae Won Jun and Hye- Lin Kim.

Acknowledgements

This work was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea government (MSIT) (RS-2023-00217123), and Research Program funded by the Korea National Institute of Health (grant number: 2025-ER0902-01).

Conflicts of Interest

The authors have no conflicts to disclose.

Table 1.
Simulation of CKD incidence and associated QALY loss based on fibrosis regression by a hypothetical MASLD treatment
Table 1.
Cycle (year) Treatment
No treatment
F0-F1 F2 F3 F4 CKD QALY loss by CKD F0-F1 F2 F3 F4 CKD QALY loss by CKD
0 4,000 6,000 0 4,000 6,000 0
1 1,313 4,647 3,998 0 265 47.7 315 3,688 5,411 545 265 47.7
2 2,117 4,641 3,156 0 248 44.7 572 3,420 4,881 966 272 49.0
3 2,540 4,621 2,702 0 240 43.3 781 3,184 4,407 1,283 275 49.5
4 2,810 4,595 2,401 0 236 42.4 951 2,973 3,986 1,514 275 49.4
5 3,035 4,545 2,162 0 232 41.8 1,091 2,781 3,611 1,674 272 48.9
6 3,258 4,469 1,947 0 229 41.2 1,205 2,605 3,280 1,777 266 48.0
7 3,469 4,378 1,754 0 226 40.6 1,298 2,442 2,985 1,834 260 46.8
8 3,665 4,275 1,581 0 222 40.0 1,373 2,289 2,722 1,855 252 45.4
9 3,844 4,164 1,427 0 219 39.5 1,433 2,146 2,487 1,846 244 43.8
10 4,007 4,048 1,289 0 216 38.9 1,481 2,011 2,276 1,816 234 42.2
Cumulative 2,333 420 2,615 471

CKD, chronic kidney disease; MASLD, metabolic dysfunction-associated steatotic liver disease; QALY, quality-adjusted life-year.

CKD

chronic kidney disease

eGFR

estimated glomerular filtration rate

F2

fibrosis stage of 2

F3

fibrosis stage of 3

F4

fibrosis stage of 4

ICER

incremental cost-effectiveness ratio

MASLD

metabolic dysfunction-associated steatotic liver disease

QALY

quality-adjusted life-years
  • 1. Yoon EL, Cho JY, Park H, Kim M, Park JH, Kim HL, et al. Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease. Clin Mol Hepatol 2026;32:276-288.
  • 2. Di Sessa A, Forcina G, Miraglia Del Giudice E. Letter to the editor on “Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease”. Clin Mol Hepatol 2026;32:e291-e293.
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  • 6. Seo DH, Suh YJ, Cho Y, Ahn SH, Seo S, Hong S, et al. Advanced liver fibrosis is associated with chronic kidney disease in patients with type 2 diabetes mellitus and nonalcoholic fatty liver disease. Diabetes Metab J 2022;46:630-639.
  • 7. Gorodetskaya I, Zenios S, McCulloch CE, Bostrom A, Hsu CY, Bindman AB, et al. Health-related quality of life and estimates of utility in chronic kidney disease. Kidney Int 2005;68:2801-2808.
  • 8. Nguyen NTQ, Cockwell P, Maxwell AP, Griffin M, O’Brien T, O’Neill C, et al. Chronic kidney disease, health-related quality of life and their associated economic burden among a nationally representative sample of community dwelling adults in England. PLoS One 2018;13:e0207960.
  • 9. Sanyal AJ, Van Natta ML, Clark J, Neuschwander-Tetri BA, Diehl A, Dasarathy S, et al. Prospective study of outcomes in adults with nonalcoholic fatty liver disease. N Engl J Med 2021;385:1559-1569.

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Incorporating chronic kidney disease into the cost-effectiveness of MASLD treatment: Correspondence to letter to the editor on “Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease”
Clin Mol Hepatol. 2026;32(3):e415-e418.   Published online February 2, 2026
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Incorporating chronic kidney disease into the cost-effectiveness of MASLD treatment: Correspondence to letter to the editor on “Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease”
Clin Mol Hepatol. 2026;32(3):e415-e418.   Published online February 2, 2026
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Incorporating chronic kidney disease into the cost-effectiveness of MASLD treatment: Correspondence to letter to the editor on “Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease”
Incorporating chronic kidney disease into the cost-effectiveness of MASLD treatment: Correspondence to letter to the editor on “Evaluating treatment response thresholds for cost-effective treatment in metabolic dysfunction-associated steatotic liver disease”
Cycle (year) Treatment
No treatment
F0-F1 F2 F3 F4 CKD QALY loss by CKD F0-F1 F2 F3 F4 CKD QALY loss by CKD
0 4,000 6,000 0 4,000 6,000 0
1 1,313 4,647 3,998 0 265 47.7 315 3,688 5,411 545 265 47.7
2 2,117 4,641 3,156 0 248 44.7 572 3,420 4,881 966 272 49.0
3 2,540 4,621 2,702 0 240 43.3 781 3,184 4,407 1,283 275 49.5
4 2,810 4,595 2,401 0 236 42.4 951 2,973 3,986 1,514 275 49.4
5 3,035 4,545 2,162 0 232 41.8 1,091 2,781 3,611 1,674 272 48.9
6 3,258 4,469 1,947 0 229 41.2 1,205 2,605 3,280 1,777 266 48.0
7 3,469 4,378 1,754 0 226 40.6 1,298 2,442 2,985 1,834 260 46.8
8 3,665 4,275 1,581 0 222 40.0 1,373 2,289 2,722 1,855 252 45.4
9 3,844 4,164 1,427 0 219 39.5 1,433 2,146 2,487 1,846 244 43.8
10 4,007 4,048 1,289 0 216 38.9 1,481 2,011 2,276 1,816 234 42.2
Cumulative 2,333 420 2,615 471
Table 1. Simulation of CKD incidence and associated QALY loss based on fibrosis regression by a hypothetical MASLD treatment

CKD, chronic kidney disease; MASLD, metabolic dysfunction-associated steatotic liver disease; QALY, quality-adjusted life-year.