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BibTeX
International survey on willingness-to-pay (WTP) for one additional QALY gained: what is the threshold of cost effectiveness?
Health economics, 2010-04, Vol.19 (4), p.422-437
Shiroiwa, Takeru
Sung, Yoon-Kyoung
Fukuda, Takashi
Lang, Hui-Chu
Bae, Sang-Cheol
Tsutani, Kiichiro
2010
Volltextzugriff (PDF)
Details
Autor(en) / Beteiligte
Shiroiwa, Takeru
Sung, Yoon-Kyoung
Fukuda, Takashi
Lang, Hui-Chu
Bae, Sang-Cheol
Tsutani, Kiichiro
Titel
International survey on willingness-to-pay (WTP) for one additional QALY gained: what is the threshold of cost effectiveness?
Ist Teil von
Health economics, 2010-04, Vol.19 (4), p.422-437
Ort / Verlag
Chichester, UK: John Wiley & Sons, Ltd
Erscheinungsjahr
2010
Quelle
Wiley Online Library Journals Frontfile Complete
Beschreibungen/Notizen
Although the threshold of cost effectiveness of medical interventions is thought to be £20 000–£30 000 in the UK, and $50 000–$100 000 in the US, it is well known that these values are unjustified, due to lack of explicit scientific evidence. We measured willingness‐to‐pay (WTP) for one additional quality‐adjusted life‐year gained to determine the threshold of the incremental cost‐effectiveness ratio. Our study used the Internet to compare WTP for the additional year of survival in a perfect status of health in Japan, the Republic of Korea (ROK), Taiwan, Australia, the UK, and the US. The research utilized a double‐bound dichotomous choice, and analysis by the nonparametric Turnbull method. WTP values were JPY 5 million (Japan), KWN 68 million (ROK), NT$ 2.1 million (Taiwan), £23 000 (UK), AU$ 64 000 (Australia), and US$ 62 000 (US). The discount rates of outcome were estimated at 6.8% (Japan), 3.7% (ROK), 1.6% (Taiwan), 2.8% (UK), 1.9% (Australia), and 3.2% (US). Based on the current study, we suggest new classification of cost‐effectiveness plane and methodology for decision making. Copyright © 2009 John Wiley & Sons, Ltd.
Sprache
Englisch
Identifikatoren
ISSN: 1057-9230
eISSN: 1099-1050
DOI: 10.1002/hec.1481
Titel-ID: cdi_proquest_miscellaneous_742719467
Format
–
Schlagworte
Adult
,
Attitude to Health
,
Australia
,
Choice Behavior
,
Cost analysis
,
Cost effectiveness
,
Cost-Benefit Analysis
,
cost-effectiveness analysis
,
Developed Countries
,
double-bound dichotomous choice
,
Female
,
Financing, Personal
,
Health Care Costs
,
Health care expenditures
,
Health Care Surveys
,
Health economics
,
Humans
,
International comparisons
,
Internationality
,
Japan
,
Male
,
Manycountries
,
Middle Aged
,
Models, Econometric
,
QALY
,
Quality of life
,
Quality-Adjusted Life Years
,
Studies
,
Surveys and Questionnaires
,
Taiwan
,
threshold
,
Thresholds
,
Willingness to pay
,
WTP
,
Young Adult
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