Incremental cost per quality-adjusted life year gained? The need for alternative methods to evaluate medical interventions for ultra-rare disorders. (July 2014)
- Record Type:
- Journal Article
- Title:
- Incremental cost per quality-adjusted life year gained? The need for alternative methods to evaluate medical interventions for ultra-rare disorders. (July 2014)
- Main Title:
- Incremental cost per quality-adjusted life year gained? The need for alternative methods to evaluate medical interventions for ultra-rare disorders
- Authors:
- Schlander, Michael
Garattini, Silvio
Holm, Søren
Kolominsky-Rabas, Peter
Nord, Erik
Persson, Ulf
Postma, Maarten
Richardson, Jeff
Simoens, Steven
Solà Morales, Oriol de
Tolley, Keith
Toumi, Mondher - Abstract:
- Drugs for ultra-rare disorders (URDs) rank prominently among the most expensive medicines on a cost-per-patient basis. Many of them do not meet conventional standards for cost–effectiveness. In light of the high fixed cost of R&D, this challenge is inversely related to the prevalence of URDs. The present paper sets out to explain the rationale underlying a recent expert consensus on these issues, recommending a more rigorous assessment of the clinical effectiveness of URDs, applying established standards of evidence-based medicine. This may include conditional approval and reimbursement policies, which should be combined with a firm expectation of proof of a minimum significant clinical benefit within a reasonable time. In contrast, current health economic evaluation paradigms fail to adequately reflect normative and empirical concerns (i.e., morally defensible 'social preferences') regarding healthcare resource allocation. Hence there is a strong need for alternative economic evaluation models for URDs.
- Is Part Of:
- Journal of comparative effectiveness research. Volume 3:Number 4(2014)
- Journal:
- Journal of comparative effectiveness research
- Issue:
- Volume 3:Number 4(2014)
- Issue Display:
- Volume 3, Issue 4 (2014)
- Year:
- 2014
- Volume:
- 3
- Issue:
- 4
- Issue Sort Value:
- 2014-0003-0004-0000
- Page Start:
- 399
- Page End:
- 422
- Publication Date:
- 2014-07
- Subjects:
- consensus statement -- cost–effectiveness -- economic evaluation -- fairness -- health technology assessment -- medical ethics -- medical need -- orphan medicines -- quality-adjusted life year -- social preferences
Medical care -- Research -- Periodicals
Medical care -- Research -- Evaluation -- Periodicals
Medical care -- Decision making -- Periodicals
Evidence-based medicine -- Periodicals
Medicine, Comparative -- Periodicals
362.1072 - Journal URLs:
- https://becarispublishing.com/journal/cer ↗
http://www.futuremedicine.com/ ↗
http://www.futuremedicine.com/loi/cer ↗ - DOI:
- 10.2217/cer.14.34 ↗
- Languages:
- English
- ISSNs:
- 2042-6305
- Deposit Type:
- Legaldeposit
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- Available online (eLD content is only available in our Reading Rooms) ↗
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