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Estimating a constant WTP for a QALY-a mission impossible?
Karlstad University, Faculty of Arts and Social Sciences (starting 2013), Karlstad Business School.
Göteborgs universitet.
2017 (English)In: European Journal of Health Economics, ISSN 1618-7598, E-ISSN 1618-7601Article in journal (Refereed) Epub ahead of print
Abstract [en]

Economic evaluations are an important input to decision-making and priority-setting in the health care sector. Measuring preferences for health improvements, as the demand-side value (willingness to pay) of gaining a quality-adjusted life year (QALY), is one relevant component in the interpretation of the results from health economic evaluations. Our article addresses whether willingness to pay for a QALY (WTP-Q) is sensitive to the size of the health differences and the probability for improvement. We use data from a contingent valuation survey based on 1400 respondents conducted in the spring of 2014. The results show that the expectation of sensitivity to scope, or higher WTP to the larger expected quality of life improvement, is not supported. We find WTP-Q values that conform reasonably well to previous studies in Sweden.

Place, publisher, year, edition, pages
Berlin: Springer Berlin/Heidelberg, 2017.
Keyword [en]
Contingent valuation, Quality-adjusted life year, Scope sensitivity, Willingness to pay
National Category
Health Care Service and Management, Health Policy and Services and Health Economy
Identifiers
URN: urn:nbn:se:kau:diva-64660DOI: 10.1007/s10198-017-0929-zPubMedID: 28932914OAI: oai:DiVA.org:kau-64660DiVA: diva2:1148442
Available from: 2017-10-11 Created: 2017-10-11 Last updated: 2017-10-11Bibliographically approved

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  • Other locale
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