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Determination of Cost-Effectiveness Threshold for Health Care Interventions in Malaysia.
- Source :
-
Value in Health . Sep2017, Vol. 20 Issue 8, p1131-1138. 8p. - Publication Year :
- 2017
-
Abstract
- <bold>Background: </bold>One major challenge in prioritizing health care using cost-effectiveness (CE) information is when alternatives are more expensive but more effective than existing technology. In such a situation, an external criterion in the form of a CE threshold that reflects the willingness to pay (WTP) per quality-adjusted life-year is necessary.<bold>Objectives: </bold>To determine a CE threshold for health care interventions in Malaysia.<bold>Methods: </bold>A cross-sectional, contingent valuation study was conducted using a stratified multistage cluster random sampling technique in four states in Malaysia. One thousand thirteen respondents were interviewed in person for their socioeconomic background, quality of life, and WTP for a hypothetical scenario.<bold>Results: </bold>The CE thresholds established using the nonparametric Turnbull method ranged from MYR12,810 to MYR22,840 (~US $4,000-US $7,000), whereas those estimated with the parametric interval regression model were between MYR19,929 and MYR28,470 (~US $6,200-US $8,900). Key factors that affected the CE thresholds were education level, estimated monthly household income, and the description of health state scenarios.<bold>Conclusions: </bold>These findings suggest that there is no single WTP value for a quality-adjusted life-year. The CE threshold estimated for Malaysia was found to be lower than the threshold value recommended by the World Health Organization. [ABSTRACT FROM AUTHOR]
- Subjects :
- *MEDICAL care
*COST effectiveness
*MEDICAL informatics
*COMPARATIVE studies
*ECONOMICS
*HEALTH status indicators
*INCOME
*RESEARCH methodology
*MEDICAL cooperation
*QUALITY of life
*REGRESSION analysis
*RESEARCH
*SOCIOECONOMIC factors
*EVALUATION research
*EDUCATIONAL attainment
*CROSS-sectional method
*QUALITY-adjusted life years
Subjects
Details
- Language :
- English
- ISSN :
- 10983015
- Volume :
- 20
- Issue :
- 8
- Database :
- Academic Search Index
- Journal :
- Value in Health
- Publication Type :
- Academic Journal
- Accession number :
- 125374539
- Full Text :
- https://doi.org/10.1016/j.jval.2017.04.002