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The impact of the design of payment scales on the willingness to pay for health gains

The questionnaire format applied in a CV study represents the way in which the WTP estimates are obtained. Payment scales are often used in CV studies as the questionnaire format of choice. The study summarized here analyzes the impact of the design of two payment scales (PS) on the monetary value o...

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Detalles Bibliográficos
Autores principales: Soeteman, Lotte, van Exel, Job, Bobinac, Ana
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5486460/
https://www.ncbi.nlm.nih.gov/pubmed/27623946
http://dx.doi.org/10.1007/s10198-016-0825-y
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author Soeteman, Lotte
van Exel, Job
Bobinac, Ana
author_facet Soeteman, Lotte
van Exel, Job
Bobinac, Ana
author_sort Soeteman, Lotte
collection PubMed
description The questionnaire format applied in a CV study represents the way in which the WTP estimates are obtained. Payment scales are often used in CV studies as the questionnaire format of choice. The study summarized here analyzes the impact of the design of two payment scales (PS) on the monetary value of QALY gains. The scales differed in terms of their end-points, mid points, and coarseness. We judged the performance of the two PS against several indicators: the average WTP per QALY estimates, post-estimation uncertainty levels, the existence of mid-point concentration, and the dependency on end-points. Our results show that PS design influences respondents’ WTP values. The results also suggest that a more detailed scale with a more realistic range may help respondents to elicit values closer to their “true” WTP values, hence produce higher-quality outcomes. Further research and pretesting strategies are suggested to explore and minimize the effects of PS design on WTP estimates, which may ultimately increase the quality of WTP estimates.
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spelling pubmed-54864602017-07-17 The impact of the design of payment scales on the willingness to pay for health gains Soeteman, Lotte van Exel, Job Bobinac, Ana Eur J Health Econ Original Paper The questionnaire format applied in a CV study represents the way in which the WTP estimates are obtained. Payment scales are often used in CV studies as the questionnaire format of choice. The study summarized here analyzes the impact of the design of two payment scales (PS) on the monetary value of QALY gains. The scales differed in terms of their end-points, mid points, and coarseness. We judged the performance of the two PS against several indicators: the average WTP per QALY estimates, post-estimation uncertainty levels, the existence of mid-point concentration, and the dependency on end-points. Our results show that PS design influences respondents’ WTP values. The results also suggest that a more detailed scale with a more realistic range may help respondents to elicit values closer to their “true” WTP values, hence produce higher-quality outcomes. Further research and pretesting strategies are suggested to explore and minimize the effects of PS design on WTP estimates, which may ultimately increase the quality of WTP estimates. Springer Berlin Heidelberg 2016-09-13 2017 /pmc/articles/PMC5486460/ /pubmed/27623946 http://dx.doi.org/10.1007/s10198-016-0825-y Text en © The Author(s) 2016 Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
spellingShingle Original Paper
Soeteman, Lotte
van Exel, Job
Bobinac, Ana
The impact of the design of payment scales on the willingness to pay for health gains
title The impact of the design of payment scales on the willingness to pay for health gains
title_full The impact of the design of payment scales on the willingness to pay for health gains
title_fullStr The impact of the design of payment scales on the willingness to pay for health gains
title_full_unstemmed The impact of the design of payment scales on the willingness to pay for health gains
title_short The impact of the design of payment scales on the willingness to pay for health gains
title_sort impact of the design of payment scales on the willingness to pay for health gains
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5486460/
https://www.ncbi.nlm.nih.gov/pubmed/27623946
http://dx.doi.org/10.1007/s10198-016-0825-y
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