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Autor(en) / Beteiligte
Titel
Willingness to Pay for a Quality-Adjusted Life Year: Implications for Societal Health Care Resource Allocation
Ist Teil von
  • Medical decision making, 2005-11, Vol.25 (6), p.667-677
Ort / Verlag
Thousand Oaks, CA: Sage Publications
Erscheinungsjahr
2005
Quelle
MEDLINE
Beschreibungen/Notizen
  • Background . Health-state preferences can be combined with willingness-to-pay (WTP) data to calculate WTP per quality-adjusted life year (QALY). The WTP/QALY ratios provide insight into societal valuations of expenditures for medical interventions. Methods . The authors measured preferences for current health in 3 patient populations (N = 391) using standard gamble, time trade-off, visual analog scale, and WTP, then they calculated WTP/QALY ratios. The ratios were compared with several proposed cost/QALY cost-effectiveness ratio thresholds, the value-of-life literature, and with WTP/QALY ratios derived from published preference research. Results . Mean WTP/QALY ratios ranged from $12,500 to $32,200 (2003 $US). All values were below most published cost-effectiveness ratio thresholds, below the ratio from a prototypic medical treatment covered by Medicare (i.e., renal dialysis), and below ratios from the value-of-life literature. The WTP/QALY ratios were similar to those calculated from published preference data for patients with symptomatic meno-pause, dentofacial deformities, asthma, or dermatologic disorders. Conclusions . WTP/QALY ratios calculated using preference data collected from diverse populations are lower than most proposed thresholds for determining what is “cost-effective.” Current proposed cost-effectiveness ratio thresholds may overestimate the willingness of society to pay for medical interventions.
Sprache
Englisch
Identifikatoren
ISSN: 0272-989X
eISSN: 1552-681X
DOI: 10.1177/0272989X05282640
Titel-ID: cdi_proquest_miscellaneous_68798104

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