Measuring and Valuing Health Benefits for Economic Evaluation
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Product details:
- Publisher OUP Oxford
- Date of Publication 11 January 2007
- ISBN 9780198569824
- Binding Paperback
- No. of pages358 pages
- Size 230x155x20 mm
- Weight 511 g
- Language English
- Illustrations numerous line drawings, tables and mathematical examples 0
Categories
Short description:
With limited resources and funding, it is impossible to invest in all potentially beneficial health care interventions. Choices have to be made, and this practical guide allows the reader to measure and value the benefits of interventions, a key component of economic evaluation, which then permits comparisons between interventions.
MoreLong description:
There are not enough resources in health care systems around the world to fund all technically feasible and potentially beneficial health care interventions. Difficult choices have to be made, and economic evaluation offers a systematic and transparent process for informing such choices. A key component of economic evaluation is how to value the benefits of health care in a way that permits comparison between health care interventions. In addition, the establishment
of the National Institute for Health and Clinical Excellence (NICE) and similar bodies around the world which require cost-effectiveness evidence to be in the form of incremental cost per QALY has resulted in an explosion of theoretical and empirical work in the field. This is the first comprehensive
textbook concerning the measurement and valuation of health benefits for economic evaluation, an area which continues to be a major source of debate.
The books addresses the key questions in the measurement and valuation of health, including: the definition of health, the techniques of valuation, who should provide the values, techniques for modelling health state values, the appropriateness of tools in children and vulnerable groups, cross cultural issues, and the problem of choosing the right instrument. The book concludes with a discussion of the way forward in light of the substantial methodological differences, the role of normative
judgements, and where further research is most likely to take this fascinating component of health economics.
This new text is indeed timely...[it's] a useful addition to the literature on economic evaluation.
Table of Contents:
The purpose and scope of this book
Introduction to the measurement and valuation of health
Foundations in welfare economics and utility theory: what should be valued?
Describing health
Valuing health
Modelling health state valuation data
Using ordinal data to estimate cardinal valuations
Methods for obtaining health state values: generic preference-based measure of health and the alternatives
Design and analysis of health state valuation data for trial- and model-based economic evaluations
A QALY is a QALY is a QALY - or is it not?
Measuring and valuing health: an international perspective
Conclusions
