2000
DOI: 10.1146/annurev.publhealth.21.1.587
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Preference-Based Measures in Economic Evaluation in Health Care

Abstract: Estimating preferences for states of health has been an active area of research in recent years. Unlike psychophysical approaches, which discriminate levels of health status, preference-based approaches incorporate values or utilities for health outcomes and can be used in cost-effectiveness analyses to aid resource allocation decisions. This chapter considers issues and controversies involved in using preference-based measures in economic evaluation in health care, with a particular emphasis on cost-utility a… Show more

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Cited by 258 publications
(256 citation statements)
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“…Second, it is interpreted as a cardinal scale with two key anchor points: 1 is equivalent to full health (the maximum possible value) and 0 is equivalent to being dead (health states worse than death have negative values) [4]. Third, obtaining utilities requires stated preference-based assessment methods, or valuation tasks [9], i.e. standard gamble [10], time trade-off [11] or discrete choice experiments [12; 13].…”
Section: Introductionmentioning
confidence: 99%
“…Second, it is interpreted as a cardinal scale with two key anchor points: 1 is equivalent to full health (the maximum possible value) and 0 is equivalent to being dead (health states worse than death have negative values) [4]. Third, obtaining utilities requires stated preference-based assessment methods, or valuation tasks [9], i.e. standard gamble [10], time trade-off [11] or discrete choice experiments [12; 13].…”
Section: Introductionmentioning
confidence: 99%
“…Utilities are most commonly derived from population preference weights, and the enormous variability among nations and cultures has already been described. 15 Furthermore, country-specific thresholds often differ significantly from societally determined willingness to pay. In the US, for example, willingness to pay often far exceeds the $50,000/QALY convention.…”
Section: Discussionmentioning
confidence: 99%
“…21 If health outcomes are measured using a preference-based measure, such as quality-adjusted life years, which integrate morbidity and mortality, then the analysis is considered to be a cost-utility analysis, a special case of cost-effectiveness analysis. [20][21][22] Quality-adjusted life years are calculated by multiplying the value for each health state, called a "health utility, " by the duration of the health state. 23 The "health utility" is scaled between 1.0, which represents perfect health, and 0.0, which represents a health state equivalent to being dead, although health states can be assigned a value less than zero, which represents a state of health considered as being "worse than dead. "…”
Section: Economic Evaluationmentioning
confidence: 99%
“…23 The "health utility" is scaled between 1.0, which represents perfect health, and 0.0, which represents a health state equivalent to being dead, although health states can be assigned a value less than zero, which represents a state of health considered as being "worse than dead. " 22 For newborn screening applications, cost-effectiveness is calculated by dividing the net costs by the net health benefits of newborn screening for a disorder, or set of screened disorders, as compared with clinical identification of the specified disorder(s), assuming that both the numerator and denominator are positive. If the health denominator is negative, the potential harms of the screening program outweigh projected health benefits and screening would be considered to be "dominated" by clinical identification, and no ratio is calculated.…”
Section: Economic Evaluationmentioning
confidence: 99%