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Estimating a constant WTP for a QALY—a mission impossible?

Economic evaluations are an important input to decision-making and priority-setting in the health care sector. Measuring preferences for health improvements, as the demand-side value (willingness to pay) of gaining a quality-adjusted life year (QALY), is one relevant component in the interpretation...

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Detalles Bibliográficos
Autores principales: Sund, Björn, Svensson, Mikael
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2017
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6008362/
https://www.ncbi.nlm.nih.gov/pubmed/28932914
http://dx.doi.org/10.1007/s10198-017-0929-z
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author Sund, Björn
Svensson, Mikael
author_facet Sund, Björn
Svensson, Mikael
author_sort Sund, Björn
collection PubMed
description Economic evaluations are an important input to decision-making and priority-setting in the health care sector. Measuring preferences for health improvements, as the demand-side value (willingness to pay) of gaining a quality-adjusted life year (QALY), is one relevant component in the interpretation of the results from health economic evaluations. Our article addresses whether willingness to pay for a QALY (WTP-Q) is sensitive to the size of the health differences and the probability for improvement. We use data from a contingent valuation survey based on 1400 respondents conducted in the spring of 2014. The results show that the expectation of sensitivity to scope, or higher WTP to the larger expected quality of life improvement, is not supported. We find WTP-Q values that conform reasonably well to previous studies in Sweden.
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spelling pubmed-60083622018-07-04 Estimating a constant WTP for a QALY—a mission impossible? Sund, Björn Svensson, Mikael Eur J Health Econ Original Paper Economic evaluations are an important input to decision-making and priority-setting in the health care sector. Measuring preferences for health improvements, as the demand-side value (willingness to pay) of gaining a quality-adjusted life year (QALY), is one relevant component in the interpretation of the results from health economic evaluations. Our article addresses whether willingness to pay for a QALY (WTP-Q) is sensitive to the size of the health differences and the probability for improvement. We use data from a contingent valuation survey based on 1400 respondents conducted in the spring of 2014. The results show that the expectation of sensitivity to scope, or higher WTP to the larger expected quality of life improvement, is not supported. We find WTP-Q values that conform reasonably well to previous studies in Sweden. Springer Berlin Heidelberg 2017-09-21 2018 /pmc/articles/PMC6008362/ /pubmed/28932914 http://dx.doi.org/10.1007/s10198-017-0929-z Text en © The Author(s) 2017 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
Sund, Björn
Svensson, Mikael
Estimating a constant WTP for a QALY—a mission impossible?
title Estimating a constant WTP for a QALY—a mission impossible?
title_full Estimating a constant WTP for a QALY—a mission impossible?
title_fullStr Estimating a constant WTP for a QALY—a mission impossible?
title_full_unstemmed Estimating a constant WTP for a QALY—a mission impossible?
title_short Estimating a constant WTP for a QALY—a mission impossible?
title_sort estimating a constant wtp for a qaly—a mission impossible?
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6008362/
https://www.ncbi.nlm.nih.gov/pubmed/28932914
http://dx.doi.org/10.1007/s10198-017-0929-z
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