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A test of the predictive validity of non-linear QALY models using time trade-off utilities

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  • José Mª Abellán
  • José Luis Pinto
  • Ildefonso Méndez
  • Xabier Badía

Abstract

This paper presents a test of the predictive validity of various classes of QALY models (i.e., linear, power and exponential models). We first estimated TTO utilities for 43 EQ-5D chronic health states and next these states were embedded in health profiles. The chronic TTO utilities were then used to predict the responses to TTO questions with health profiles. We find that the power QALY model clearly outperforms linear and exponential QALY models. Optimal power coefficient is 0.65. Our results suggest that TTO-based QALY calculations may be biased. This bias can be avoided using a power QALY model.

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Bibliographic Info

Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 741.

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Date of creation: Feb 2004
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Handle: RePEc:upf:upfgen:741

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Web page: http://www.econ.upf.edu/

Related research

Keywords: Cost-utility analysis; QALYs; power QALY model; predictive validity; time tradeoff; Leex;

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  10. Bleichrodt, Han & Johannesson, Magnus, 1997. "Standard gamble, time trade-off and rating scale: Experimental results on the ranking properties of QALYs," Journal of Health Economics, Elsevier, vol. 16(2), pages 155-175, April.
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  14. Miyamoto, John M. & Eraker, Stephen A., 1989. "Parametric models of the utility of survival duration: Tests of axioms in a generic utility framework," Organizational Behavior and Human Decision Processes, Elsevier, Elsevier, vol. 44(2), pages 166-202, October.
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  16. Happich, Michael, 2001. "Utility functions for life years and health status: An additional remark," Discussion Papers 2001/6, Technische Universität Berlin, School of Economics and Management.
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