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The Social Value of Health Programs: Is Age a Relevant Factor?

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Author Info
Eva Rodríguez
José Luis Pinto
Abstract

In cost-effectiveness analysis (CEA) it is usually assumed that a QALY is of equal value to everybody, irrespective of the patient's age. However, it is possible that society assigns different social values to a QALY according to who gets it. In this paper we discuss the possibility of weighting health benefits for age in CEA. We also examine the possibility that age-related preferences depend on the size of the health gain. An experiment was performed to test these hypotheses. The results assessing suggest that the patient's age is a relevant factor when assessing health gains.

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File URL: http://www.econ.upf.edu/docs/papers/downloads/473.pdf
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Publisher Info
Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Working Papers, Research Center on Health and Economics with number 473.

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Date of creation: Jun 2000
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Handle: RePEc:upf:upfses:473

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Related research
Keywords: QALY; age weights; social welfare function;

Find related papers by JEL classification:
I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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