Valuing the EQ-5D and the SF-6D health states using subjective well-being: A secondary analysis of patient data
AbstractThe economic evaluation of health care technologies employs a standard economic approach based on preferences to provide utility information. Previous studies have used happiness rather than preferences to weight health states using general population data. However, these data may not reflect the full range and scope of health and happiness experienced by patients. This paper applies a similar approach to a large patient sample (N = 15,184) from a hospital in Wales, UK collected between 2002 and 2004. Logit regression models were used to assess the relationship between happiness and the health state classifications of two measures, the EQ-5D and the SF-6D. The results suggest a different weighting across dimensions to that from preference elicitation techniques such as time trade-off and standard gamble. While mental health (depression and anxiety), vitality and social functioning were found to have a large significant association with the patients' own happiness assessment, pain was less so and physical health had no association.
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Bibliographic InfoArticle provided by Elsevier in its journal Social Science & Medicine.
Volume (Year): 77 (2013)
Issue (Month): C ()
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/315/description#description
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- #HEJC for 04/02/2013
by academichealtheconomists in The Academic Health Economists' Blog on 2013-01-28 15:07:24
- Hernández-Alava, Mónica & Sampson, Christopher & Wailoo, Allan, 2013. "Happy and healthy: a joint model of health and life satisfaction," MPRA Paper 49766, University Library of Munich, Germany.
- Martin Binder & Alex Coad, 2012.
""I'm afraid I have bad news for you…" Estimating the impact of different health impairments on subjective well-being,"
SPRU Working Paper Series
200, SPRU - Science and Technology Policy Research, University of Sussex.
- Binder, Martin & Coad, Alex, 2013. "“I'm afraid I have bad news for you…” Estimating the impact of different health impairments on subjective well-being," Social Science & Medicine, Elsevier, vol. 87(C), pages 155-167.
- Dolan, Paul & Kavetsos, Georgios & Tsuchiya, Aki, 2013. "Sick but satisfied: The impact of life and health satisfaction on choice between health scenarios," Journal of Health Economics, Elsevier, vol. 32(4), pages 708-714.
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