Future unrelated medical costs need to be considered in cost effectiveness analysis
Pieter Baal (),
Alec Morton (),
David Meltzer () and
Werner Brouwer
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Pieter Baal: Erasmus University Rotterdam
Alec Morton: University of Strathclyde
David Meltzer: University of Chicago
The European Journal of Health Economics, 2019, vol. 20, issue 1, No 1, 5 pages
Abstract:
Abstract New medical technologies that prolong life result in additional health care use in life years gained. Some of these costs in life years gained are considered to be related to the intervention while other costs are considered unrelated. Here, we argue that ignoring these so-called future medical costs in cost effectiveness analysis is contrary to common sense, results in lost health and fails to inform decision makers for whom cost effectiveness is supposed to serve.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eujhec:v:20:y:2019:i:1:d:10.1007_s10198-018-0976-0
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DOI: 10.1007/s10198-018-0976-0
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