ArticlePharmacoEconomics2010
Healthcare rationing by proxy: cost-effectiveness analysis and the misuse of the $50,000 threshold in the US.
Article in PharmacoEconomics, 2010. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 23 papers, 1 of them a synthesis that pooled it.
What it found
Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.
The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
23 citing papers in PubMed, 1 synthesis or guideline pooled it.
- Is the Choice of Cost-Effectiveness Threshold in Cost-Utility Analysis Endogenous to the Resulting Value of Technology? A Systematic Review.Applied health economics and health policy · 2021Pooled it
- Economic evaluation of regular transfusions for cerebral infarct recurrence in the Silent Cerebral Infarct Transfusion Trial.Blood advances · 2021Trial
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- Use of Machine Perfusion to Increase the Number of Expanded Criteria Deceased Donor Kidney Transplants: A Pharmacoeconomic Analysis.Transplantation direct · 2024Article
- Research trends in contemporary health economics: a scientometric analysis on collective content of specialty journals.Health economics review · 2024Review
- Economic evaluation of serplulimab plus chemotherapy as the first-line treatment of oesophageal squamous cell carcinoma in China.BMJ open · 2023Article
- Nutrition Therapy Cost-Effectiveness Model Indicating How Nutrition May Contribute to the Efficiency and Financial Sustainability of the Health Systems.JPEN. Journal of parenteral and enteral nutrition · 2021Article
- Wide Area Transepithelial Sampling with Computer-Assisted Analysis (WATSDigestive diseases and sciences · 2021Article
- Empirical Monetary Valuation of a Quality-Adjusted Life-Year in the Kingdom of Saudi Arabia: A Willingness-to-Pay Analysis.PharmacoEconomics - open · 2020Article
- Article
- Value in Hepatitis C Virus Treatment: A Patient-Centered Cost-Effectiveness Analysis.PharmacoEconomics · 2020Article
- Cost-effectiveness analysis of quadrivalent versus trivalent influenza vaccine in Taiwan: A lifetime multi-cohort model.Human vaccines & immunotherapeutics · 2017Article
- How much might a society spend on life-saving interventions at different ages while remaining cost-effective? A case study in a country with detailed data.Population health metrics · 2015Article
- Article
- Bevacizumab in recurrent, persistent, or advanced stage carcinoma of the cervix: is it cost-effective?Gynecologic oncology · 2015Article
- Economic analysis of revision amputation and replantation treatment of finger amputation injuries.Plastic and reconstructive surgery · 2014Article
- Is a diabetes pay-for-performance program cost-effective under the National Health Insurance in Taiwan?Quality of life research : an international journal of quality of life aspects of treatment, care and rehabilitation · 2014Observational
- Economic analyses of genetic tests in personalized medicine: clinical utility first, then cost utility.Genetics in medicine : official journal of the American College of Medical Genetics · 2014Article
- Decision analysis, economic evaluation, and newborn screening: challenges and opportunities.Genetics in medicine : official journal of the American College of Medical Genetics · 2013Article
- Treatment of ulnar neuropathy at the elbow: cost-utility analysis.The Journal of hand surgery · 2012Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
The application of cost-effectiveness analysis in healthcare has become commonplace in the US, but the validity of this approach is in jeopardy unless the proverbial $US50,000 per QALY benchmark for determining value for money is updated for the 21st century. While the initial aim of this article was to review the arguments for abandoning the $US50,000 threshold, it quickly turned to questioning whether we should maintain a fixed threshold at all. Our consideration of the relevance of thresholds was framed by two important historical considerations. First, cost-effectiveness analysis was developed for a resource allocation exercise where a threshold would be determined endogenously by maximizing a fixed budget across all possible interventions and not for piecemeal evaluation where a threshold needs to be set exogenously. Second, the foundations of the $US50,000 threshold are highly dubious, so it would be unacceptable merely to adjust for inflation or current clinical practice. Upon consideration of both sides of the argument, we conclude that the arguments for abandoning the concept for maintaining a fixed threshold outweigh those for keeping one. Furthermore, we document a variety of reasons why a threshold needs to vary in the US, including variations across payer, over time, in the true budget impact of interventions and in the measurement of the effectiveness of interventions. We conclude that while a threshold may be needed to interpret the results of a cost-effectiveness analysis, that threshold must vary across payers, populations and even procedures.
Indexed as
Identifiers
20067332What OpenQuestion holds
Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.