By Prof. Dr Lieven Annemans, expert trainer of the courses Health Economics for Non-Health-Economists, Basics of Health Economics, and Critical New HTA Developments in Europe: Challenges & Solutions
In this 2-minute video, Prof. Dr. Lieven Annemans explains how payers decide on reimbursing a new treatment based on the number of QALYs gained, and how that differs between countries.
Some payers weigh the cost per QALY gained against a threshold: the amount the health system is prepared to pay for one QALY. A treatment that comes in below that figure is considered value for money.
A new treatment costs £60,000 and delivers three QALYs. That works out at £20,000 for each QALY gained. Imagine a country has set its threshold at £30,000 per QALY: at £20,000 the treatment stays below it, and on that basis deserves to be adopted.
Few countries state a threshold openly. Many apply one but avoid publishing it, because they are reluctant to communicate a figure too explicitly.
Prof. Dr Lieven Annemans on how the value of a QALY is arrived at, in a recorded webinar:📺 Webinar: What you should know about the QALY |
Continue your learning from Prof. Dr Lieven Annemans
If you’d like to learn more from Prof. Dr Lieven Annemans, CELforPharma also offers 3 courses:
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