Estimating a cost-effectiveness threshold for the Spanish NHS

Laura Vallejo-Torres, Borja García-Lorenzo and Pedro Serrano-Aguilar

No eee2016-22, Studies on the Spanish Economy from FEDEA

Abstract: The mean cost of an additional Quality-Adjusted Life Year (QALY) within a National Health Service (NHS) reveals how much health is lost, on average, when services currently provided by the NHS are displaced. This value has been suggested as a proxy of the average opportunity cost required to set a cost-effectiveness threshold when facing fixed budget constraints. In this paper, we generate information on the marginal cost per QALY in the Spanish NHS that can be used to inform a cost-effectiveness threshold using a pannel of quinquennial data for the 17 regional health services.

Date: 2016-06
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Persistent link: https://EconPapers.repec.org/RePEc:fda:fdaeee:eee2016-22

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