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Introduction: The health care budget in the UK is finite and, as such, decisions must be made about how best to allocate scarce resources. Cost effectiveness analysis, and its overall summary measure of cost per quality adjusted life year (QALY) gained from an intervention, is used as part of...
Persistent link: https://www.econbiz.de/10014049694
The National Institute for Health and Clinical Excellence (NICE) in the UK makes recommendations to the NHS on the adoption (or continuation) of therapies. This requires judgements about whether the values/weights attached to gains in quality and length of life should vary according to the...
Persistent link: https://www.econbiz.de/10014049773
Monetary valuation of both health and non health outcomes using stated preference data is gaining currency in health economics. Discrete choice experiments (DCEs) offer one form of stated preference data used for this purpose. In particular, the Hicksian compensating variation can be used to...
Persistent link: https://www.econbiz.de/10014026013
Social finance and health -- Rethinking . . . finance -- Rethinking . . . the funding of health care -- Rethinking . . . how to act on health inequalities -- Social finance . . . funding health (care) services -- Social finance . . . acting on health -- Social finance . . . facilitating access...
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The paper reports from a study that asked 150 interviewees their willingness to pay (WTP) in increased earmarked taxation for three different health care programmes: a helicopter ambulance service, more heart operations and more hip replacements. Reasons behind the stated WTP were asked for....
Persistent link: https://www.econbiz.de/10008535339
Willingness-to-pay studies are increasingly being used in the evaluation of health care programmes. There are, however, methodological issues that need to be resolved before the potential of willingness-to-pay can be fully exploited as a tool for the economic evaluation of health care...
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Objectives Our analysis assessed the impact of information on patients' preferences in prescription versus over-the-counter (OTC) delivery systems.Methods A contingent valuation (CV) study was implemented, randomly assigning 534 lay people into the receipt of limited or extended information...
Persistent link: https://www.econbiz.de/10008483580