A Spanish value set for the SF-6D based on the SF-12 v1

Jorge-Eduardo Martínez-Pérez (), José-María Abellán-Perpiñán, Fernando-Ignacio Sánchez-Martínez and Juan-José Ruiz-López
Additional contact information
Jorge-Eduardo Martínez-Pérez: University of Murcia
José-María Abellán-Perpiñán: University of Murcia
Fernando-Ignacio Sánchez-Martínez: University of Murcia
Juan-José Ruiz-López: University of Murcia
Authors registered in the RePEc Author Service: Fernando Ignacio Sanchez Martinez

The European Journal of Health Economics, 2024, vol. 25, issue 8, No 3, 1333-1343

Abstract: Abstract Aim This paper reports the first estimation of an SF-6D value set based on the SF-12 for Spain. Methods A representative sample (n = 1020) of the Spanish general population valued a selection of 56 hypothetical SF-6D health states by means of a probability lottery equivalent (PLE) method. The value set was derived using both random effects and mean models estimated by ordinary least squares (OLS). The best model was chosen on the basis of its predictive ability assessed in terms of mean absolute error (MAE). Results The model yielding the lowest MAE (0.075) was that based on main effects using OLS. Pain was the most significant dimension in predicting health state severity. Comparison with the previous SF-6D (SF-36) model estimated for Spain revealed no significant differences, with a similar MAE (0.081). Nevertheless, the new SF-6D (SF-12) model predicted higher utilities than those generated by the SF-6D (SF-36) scoring algorithm (minimum value − 0.071 vs − 0.357). Conclusion A value set for the SF-6D (SF-12) based on Spanish general population preferences elicited by means of a PLE technique is successfully estimated. The new estimated SF-6D (SF-12) preference-based measure provides a valuable tool for researchers and policymakers to assess the cost-effectiveness of new health technologies in Spain.

Keywords: SF-6D; SF-12; Lottery equivalent methods; Value set; Social tariff; Preference-based measure (search for similar items in EconPapers)
JEL-codes: I10 I12 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10198-023-01657-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eujhec:v:25:y:2024:i:8:d:10.1007_s10198-023-01657-9

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/10198/PS2

DOI: 10.1007/s10198-023-01657-9

Access Statistics for this article

The European Journal of Health Economics is currently edited by J.-M.G.v.d. Schulenburg

More articles in The European Journal of Health Economics from Springer, Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().