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Unrelated Future Costs and Unrelated Future Benefits: Reflections on NICE Guide to the Methods of Technology Appraisal
- Source :
- Health Economics. 25:933-938
- Publication Year :
- 2016
- Publisher :
- Wiley, 2016.
-
Abstract
- In this editorial, we consider the vexing issue of 'unrelated future costs' (for example, the costs of caring for people with dementia or kidney failure after preventing their deaths from a heart attack). The National Institute of Health and Care Excellence (NICE) guidance is not to take such costs into account in technology appraisals. However, standard appraisal practice involves modelling the benefits of those unrelated technologies. We argue that there is a sound principled reason for including both the costs and benefits of unrelated care. Changing this practice would have material consequences for decisions about reimbursing particular technologies, and we urge future research to understand this better. Copyright © 2016 John Wiley & Sons, Ltd.
- Subjects :
- Actuarial science
Public economics
Cost–benefit analysis
business.industry
030503 health policy & services
Health Policy
media_common.quotation_subject
Nice
Caring for people with dementia
Cost-effectiveness analysis
03 medical and health sciences
0302 clinical medicine
Excellence
Health care
Medicine
030212 general & internal medicine
0305 other medical science
business
Activity-based costing
computer
health care economics and organizations
media_common
computer.programming_language
Public finance
Subjects
Details
- ISSN :
- 10579230
- Volume :
- 25
- Database :
- OpenAIRE
- Journal :
- Health Economics
- Accession number :
- edsair.doi...........9ceb69c4bf91692e2c77903f8a3df827
- Full Text :
- https://doi.org/10.1002/hec.3366