2021
DOI: 10.1093/heapol/czab146
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Estimating cost-effectiveness thresholds under a managed healthcare system: experiences from Colombia

Abstract: Like most of the world, low- and middle-income countries have faced a growing demand for new health technologies and higher budget constraints. It is necessary to have technical instruments to make decisions based on real-world evidence that allows maximization of the population’s health with a limited budget. We estimated the supply-based cost-effectiveness elasticity, which was then used to determine the cost-effectiveness threshold for the healthcare system of Colombia, a middle-income country where multipl… Show more

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Cited by 46 publications
(19 citation statements)
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“…Given the short time horizon, no discount rates were applied to costs or QALYs. Cost-effectiveness was evaluated at a willingness-to-pay (WTP) value of US$5180 [ 6 ]. In Colombia there is no data on the frequency of recurrent pneumonia in the study population.…”
Section: Methodsmentioning
confidence: 99%
“…Given the short time horizon, no discount rates were applied to costs or QALYs. Cost-effectiveness was evaluated at a willingness-to-pay (WTP) value of US$5180 [ 6 ]. In Colombia there is no data on the frequency of recurrent pneumonia in the study population.…”
Section: Methodsmentioning
confidence: 99%
“…Given the shorter time, the horizon discount rate was not applied to cost and QALY. Cost-effectiveness was evaluated at a willingness-to-pay (WTP) value estimated in Colombia of US $5180 per QALY gained [ 14 ].
Fig.
…”
Section: Methodsmentioning
confidence: 99%
“…Given the short time horizon, no type of discount to costs or results was applied. Treatment was considered cost-effective if the incremental cost-utility ratio was below $5180 per QALY gained using the willingness to pay (WTP) for QALY in Colombia (19).…”
Section: Methodsmentioning
confidence: 99%