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Setting Cost-Effectiveness Thresholds: Clashing Opinions, Ignorance, and an Absence of Data.: Conflicting approaches in setting cost-effective thresholds for the implementation of new medical treatments.
Umeå University, Faculty of Medicine, Department of Public Health and Clinical Medicine, Epidemiology and Global Health.
Umeå University, Faculty of Medicine, Department of Public Health and Clinical Medicine, Epidemiology and Global Health.
2016 (English)Independent thesis Advanced level (degree of Master (Two Years)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The amount a government should be willing to invest in adapting new medical treatments has long been under debate. With many countries using formal cost-effectiveness thresholds when examining potential new treatments and ever growing medical costs, accurately setting the level of a C/E threshold can be essential for an efficient healthcare system. Through reviewing previous literature, this paper examines major theories used in justifying and constructing a C/E threshold and the implications these have upon the health of a population. This paper further discusses current obstacles faced with the presently available data. A preliminary exploratory analysis was performed with collected data in order to determine if potential patterns exist between GDP per capita and WTP per QALY, national C/E thresholds and health, WTP per QALY and health, and C/E thresholds and GDP per capita . Only one potential pattern was identified; C/E thresholds and GDP per capita (r = 0.79). However, in countries where data on both WTP per QALY and C/E thresholds is available, average WTP per QALY is 24% larger than the average C/E threshold. More and better quality data will need to be generated and collected for research in this field to be able to continue.  

Place, publisher, year, edition, pages
2016. , 37 p.
Series
, Centre for Public Health Report Series, ISSN 1651-341x ; 2016:9
Keyword [en]
Setting cost-effectiveness thresholds, implementation of new medical treatments, C/E threshold, efficient healthcare system
National Category
Public Health, Global Health, Social Medicine and Epidemiology
Identifiers
URN: urn:nbn:se:umu:diva-126558OAI: oai:DiVA.org:umu-126558DiVA: diva2:1033931
Educational program
Master's Programme in Public Health
Presentation
2016-05-23, Umeå Universitet, Umeå, 08:15 (English)
Supervisors
Examiners
Available from: 2016-10-18 Created: 2016-10-10 Last updated: 2016-10-18Bibliographically approved

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