ABSTRACT Interpreting the outcomes of cost utility analyses requires an appropriately defined threshold for costs per quality-adjusted life year (QALY). A common view is that the threshold should represent the (consumption) value a society attaches to a QALY. So far, individual valuations of personal health gains have mainly been studied rather than potentially relevant social values. In this study, we present the first direct empirical estimates of the willingness to pay for a QALY from a societal perspective.
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VALUING QALY GAINS BY APPLYING A SOCIETAL PERSPECTIVE
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Posted by Health Economics Journal on Oct 19 2012. Filed under Journal Watch. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entrySource: http://www.globalhealthhub.org/2012/10/19/valuing-qaly-gains-by-applying-a-societal-perspective/
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