Journal of Comparative Effectiveness Research · 2015 · 149 citations · 41 references
PharmacyOncologyPharmacoeconomicsCost-effectiveness AnalysisHealth EconomicsHealth Technology AssessmentCost-effectiveness ComparisonCost-effectiveness ThresholdsEconomic EvaluationHealthcare Cost AnalysisThreshold AnalysisWillingness-to-pay ThresholdsCost-effectivenessCountry-specific ThresholdsInternational Cancer ComparisonsRank CorrelationReimbursement ThresholdsSpearman Rank Correlation CoefficientSystematic Literature ReviewThresholds
AIM: To provide an overview of thresholds for incremental cost-effectiveness ratios (ICERs) representing willingness-to-pay (WTP) across multiple countries and insights into exemptions pertaining to the ICER (e.g., cancer). To compare ICER thresholds to individual country's estimated ability-to-pay. MATERIALS & METHODS: We included AHRQ/USA, BIQG-GOEG/Austria, CADTH/Canada, DAHTA@DIMDI/Germany, DECIT-CGATS/Brazil, HAS/France, HITAP/Thailand, IQWiG/Germany, LBI-HTA/Austria, MSAC/Australia, NICE/England/Wales and SBU/Sweden. ICER thresholds were derived from systematic literature/website search/expert surveys. WTP was compared with ATP using Spearman's rank correlation. RESULTS: Two general and explicitly acknowledged thresholds (England/Wales, Thailand), implicit thresholds in six countries and different ICER thresholds/decision-making rules in oncology were identified. Correlation between WTP and ability-to-pay was moderate. DISCUSSION: Our overview supports country-specific discussions on WTP and on how to define value(s) within societies.
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The Framing of Decisions and the Psychology of Choice
Amos Tversky, Daniel Kahneman · Science · 1981 · 17.3K citations