The value of health

W. Groot, H. Maassen van den Brink

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Background: A major problem in cost-effectiveness studies is where to draw the line between interventions which are cost-effective and those who are not. Lacking a notion about the value of a QALY, all ultimate values to the cost-effectiveness ratio are essentially arbitrary. Methods: This paper presents a simple empirical model to estimate the compensating income variation of diseases and health problems. The model is estimated using data for the Netherlands. Results: The compensating income variation is between '20,000 and '90,000. This is higher than most of the ultimate values used by policy-makers to decide whether an intervention is costeffective. Our figures are roughly similar to those found in studies about the value of a statistical life year. Conclusion: Estimates on the compensating income variation of diseases and health problems may
provide useful information on the maximum acceptable cost-effectiveness ratio of medical
interventions than those currently used by policy makers.
Original languageEnglish
Pages (from-to)213
Number of pages9
JournalBMC Health Services Research
Volume8
DOIs
Publication statusPublished - 1 Jan 2008

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