Why standard ways of valuing health were set aside during the pandemic

476194

Sumary of Why standard ways of valuing health were set aside during the pandemic:

  • But as the pandemic continued, affecting both health and finances, questions started arising as to what the right focus should be:.
  • Implicitly, governments across the globe began considering a trade-off between the two in their decision making..
  • When considering health and economic benefits, governments have had alternatives at their disposal at different levels:.
  • tight lockdowns versus less stringent ones (or none at all), open schools and universities versus online-only education, open versus closed borders, and so on..
  • Or conversely, how many more deaths are we willing to accept in return for increased economic and other activities?.
  • A standard practice for dealing with such difficult questions is to apply economic evaluation tools – measures that allow you to estimate the actual cost of efforts to protect people health, such as quality-adjusted life years (QALYs)..
  • In the NHS, if the cost per QALY gained is between £20,000 and £30,000 (or up to £50,000 in case of some end-of-life treatments), the intervention is deemed cost-effective by the health watchdog, NICE..
  • sfam_photo/Shutterstock But despite their proven strength in making healthcare decisions explicit and transparent, QALYs haven’t been used by the UK government during the pandemic response….

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close