Health Economics Letter
VALUING QALY GAINS BY APPLYING A SOCIETAL PERSPECTIVE
Article first published online: 19 OCT 2012
Copyright © 2012 John Wiley & Sons, Ltd.
Volume 22, Issue 10, pages 1272–1281, October 2013
How to Cite
Bobinac, A., van Exel, N. J. A., Rutten, F. F. H. and Brouwer, W. B. F. (2013), VALUING QALY GAINS BY APPLYING A SOCIETAL PERSPECTIVE. Health Econ., 22: 1272–1281. doi: 10.1002/hec.2879
- Issue published online: 11 SEP 2013
- Article first published online: 19 OCT 2012
- social perspective
Interpreting the outcomes of cost utility analyses requires an appropriately defined threshold for costs per quality-adjusted life year (QALY). A common view is that the threshold should represent the (consumption) value a society attaches to a QALY. So far, individual valuations of personal health gains have mainly been studied rather than potentially relevant social values. In this study, we present the first direct empirical estimates of the willingness to pay for a QALY from a societal perspective. We used the contingent valuation approach, valuing QALYs under uncertainty and correcting for probability weighting. The estimates obtained in a representative sample of the Dutch population (n = 1004) range from €52,000 to €83,000, depending on the specification of the societal perspective. The scale sensitivity was weak, however. Copyright © 2012 John Wiley & Sons, Ltd.