“…Among cancer drugs, 45% had ICERs below $50,000/QALY and 70% below $100,000/QALY. Meanwhile, threshold ICERs based on reimbursement and coverage decisions range from £20,000/QALY in England to €80,000/QALY in the Netherlands [1,6]. While the simplicity and ease of application of the ICER threshold (to just about any drugs and health technologies) make it very appealing, one cannot escape the deficiencies of the QALY as an outcome measure, and the arbitrariness (of the derivation) of the threshold as illustrated in the case of $50,000/QALY in the USA [7].…”