Does adjusting for health-related quality of life matter in economic evaluations of cancer-related interventions?. (February 2011)
- Record Type:
- Journal Article
- Title:
- Does adjusting for health-related quality of life matter in economic evaluations of cancer-related interventions?. (February 2011)
- Main Title:
- Does adjusting for health-related quality of life matter in economic evaluations of cancer-related interventions?
- Authors:
- Greenberg, Dan
Neumann, Peter J - Abstract:
- Aims: We investigated the extent to which adjusting for health-related quality of life (HRQoL) alters incremental cost per life-year gained ratios, and the implications for reimbursement decisions.Methods: We identified all cancer-related interventions in the Tufts Medical Center Cost––Effectiveness Analysis Registry in which both a cost/quality-adjusted life-year (QALY) and a cost/life-year ratio were reported in the same study. We assessed the ordinal relationship between these ratios and analyzed the extent to which using a cost/QALY rather than a cost/life-year ratio would potentially yield different reimbursement decisions.Results: The rank––order correlation between cost/life-year and cost/QALY ratio pairs was 0.917 (p < 0.0001). In 78.8% of comparisons, both cost/QALY and cost/life-year ratios were below a prespecified threshold (e.g., US$50, 000 per QALY or life-year). Adjusting for HRQoL resulted in a higher ratio such that it crossed a prespecified threshold in 18.6% of interventions. The data suggest that adjusting life-years for HRQoL does not substantively affect cost per life-year ratios for the vast majority of cancer-related interventions.Conclusion: Our analysis implies that the method used for HRQoL adjusting or even HRQoL adjusting at all does not matter for most reimbursement decisions on life-saving interventions. The results could differ for interventions that have large impacts on patients'' HRQoL compared with the impact on survival.
- Is Part Of:
- Expert review of pharmacoeconomics & outcomes research. Volume 11:Number 1(2011)
- Journal:
- Expert review of pharmacoeconomics & outcomes research
- Issue:
- Volume 11:Number 1(2011)
- Issue Display:
- Volume 11, Issue 1 (2011)
- Year:
- 2011
- Volume:
- 11
- Issue:
- 1
- Issue Sort Value:
- 2011-0011-0001-0000
- Page Start:
- 113
- Page End:
- 119
- Publication Date:
- 2011-02
- Subjects:
- cancer -- cost––effectiveness analysis -- health-related quality of life -- life-year gained -- QALY -- reimbursement
Pharmacology -- Economic aspects -- Periodicals
338.47615105 - Journal URLs:
- http://www.future-drugs.com/loi/erp ↗
http://informahealthcare.com ↗ - DOI:
- 10.1586/erp.11.1 ↗
- Languages:
- English
- ISSNs:
- 1473-7167
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3842.002996
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