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Cost-per-QALY in the US and Britain: Damned if You Do and Damned if You Don’t

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  • Milton Weinstein

Abstract

Professor Weinstein presents a comprehensive analysis of the differences in attitudes between the US and the UK around how cost-effectiveness analysis (CEA) fits into the health care system. During the OHE Annual Lecture of 2011, Professor Weinstein examined the key differences between attitudes in the UK and the US around the appropriate use of cost-effectiveness analysis (CEA) and quality-adjusted life years (QALYs) within health care systems. Professor Weinstein explored US arguments against CEA, such as the relationship between health care expenditures and health outcomes across hospitals and geographic areas. He also discussed particularities of the UK system, highlighting that the guidelines for cost-per-QALY studies are very strict.

Suggested Citation

  • Milton Weinstein, 2015. "Cost-per-QALY in the US and Britain: Damned if You Do and Damned if You Don’t," Monograph 001664, Office of Health Economics.
    • Handle: RePEc:ohe:monogr:001664
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    References listed on IDEAS

    as
    1. Jonathan Skinner & Douglas Staiger, 2015. "Technology Diffusion and Productivity Growth in Health Care," The Review of Economics and Statistics, MIT Press, vol. 97(5), pages 951-964, December.
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    Keywords

    Cost-per-QALY in the US and Britain: Damned if You Do and Damned if You Don’t;

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health

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