COVID-19 and EQ-5D-5L health state valuation

Edward J. D. Webb (), Paul Kind (), David Meads () and Adam Martin ()
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Edward J. D. Webb: Academic Unit of Health Economics, Leeds Institute of Health Sciences, University of Leeds
Paul Kind: Institute of Epidemiology and Health, University College London, UK and Academic Unit of Health Economics, Leeds Institute of Health Sciences, University of Leeds
David Meads: Academic Unit of Health Economics, Leeds Institute of Health Sciences, University of Leeds
Adam Martin: Academic Unit of Health Economics, Leeds Institute of Health Sciences, University of Leeds

The European Journal of Health Economics, 2024, vol. 25, issue 1, No 9, 117-145

Abstract: Abstract Background We investigate whether and how general population health state values were influenced by the initial stages of the COVID-19 pandemic. Changes could have important implications, as general population values are used in health resource allocation. Data In Spring 2020, participants in a UK general population survey rated 2 EQ-5D-5L states, 11111 and 55555, as well as dead, using a visual analogue scale (VAS) from 100 = best imaginable health to 0 = worst imaginable health. Participants answered questions about their pandemic experiences, including COVID-19’s effect on their health and quality of life, and their subjective risk/worry about infection. Analysis VAS ratings for 55555 were transformed to the full health = 1, dead = 0 scale. Tobit models were used to analyse VAS responses, as well as multinomial propensity score matching (MNPS) to create samples balanced according to participant characteristics. Results Of 3021 respondents, 2599 were used for analysis. There were statistically significant, but complex associations between experiences of COVID-19 and VAS ratings. For example, in the MNPS analysis, greater subjective risk of infection implied higher VAS ratings for dead, yet worry about infection implied lower ratings. In the Tobit analysis, people whose health was affected by COVID-19 rated 55555 higher, whether the effect on health was positive or negative. Conclusion The results complement previous findings that the onset of the COVID-19 pandemic may have impacted EQ-5D-5L health state valuation, and different aspects of the pandemic had different effects.

Keywords: COVID-19; EQ-5D-5L; Valuation; Visual analogue scale; Health shock (search for similar items in EconPapers)
JEL-codes: D7 I10 I30 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10198-023-01569-8

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