ArticleThe Quarterly review of economics and finance : journal of the Midwest Economics Association2022
The clinical and economic value of a successful shutdown during the SARS-CoV-2 pandemic in Germany.
Article in The Quarterly review of economics and finance : journal of the Midwest Economics Association, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 14 papers, 3 of them syntheses that pooled it.
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Who cites it
14 citing papers in PubMed, 3 syntheses or guidelines pooled it.
- Cost of the COVID-19 pandemic versus the cost-effectiveness of mitigation strategies in EU/UK/OECD: a systematic review.BMJ open · 2023Pooled it
- Cost-effectiveness of interventions for the prevention and control of COVID-19: Systematic review of 85 modelling studies.Journal of global health · 2022Pooled it
- Economic evaluation of programs against COVID-19: A systematic review.International journal of surgery (London, England) · 2021Pooled it
- Article
- Cost-effectiveness of future lockdown policies against the COVID-19 pandemic.Health services management research · 2023Article
- COVID-19 and the forgone health benefits of elective operations.BMC health services research · 2022Article
- Was EU's COVID-19 vaccine procurement strategy irrational? A re-analysis based on cost-effectiveness considerations.BMC health services research · 2022Article
- A Longitudinal Study on Loneliness during the COVID-19 Pandemic in Japan.International journal of environmental research and public health · 2022Article
- Value-based pricing of a COVID-19 vaccine.The Quarterly review of economics and finance : journal of the Midwest Economics Association · 2022Article
- Benefits, risks, and cost-effectiveness of COVID-19 self-tests from a consumer's perspective.BMC health services research · 2022Article
- COVID-19 Induced Economic Slowdown and Mental Health Issues.Frontiers in psychology · 2022Review
- Political Decision Making in the COVID-19 Pandemic: The Case of Germany from the Perspective of Risk Management.International journal of environmental research and public health · 2021Article
- How Many Intensive Care Beds are Justifiable for Hospital Pandemic Preparedness? A Cost-effectiveness Analysis for COVID-19 in Germany.Applied health economics and health policy · 2021Article
- Cross-Country Comparisons of Covid-19: Policy, Politics and the Price of Life.Environmental & resource economics · 2020Article
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Abstract
Background and aim: A shutdown of businesses enacted during the SARS-CoV-2 pandemic can serve different goals, e.g., preventing the intensive care unit (ICU) capacity from being overwhelmed ('flattening the curve') or keeping the reproduction number substantially below one ('squashing the curve'). The aim of this study was to determine the clinical and economic value of a shutdown that is successful in 'flattening' or 'squashing the curve' in Germany. Methods: In the base case, the study compared a successful shutdown to a worst-case scenario with no ICU capacity left to treat COVID-19 patients. To this end, a decision model was developed using, e.g., information on age-specific fatality rates, ICU outcomes, and the herd protection threshold. The value of an additional life year was borrowed from new, innovative oncological drugs, as cancer reflects a condition with a similar morbidity and mortality burden in the general population in the short term as COVID-19. Results: A shutdown that is successful in 'flattening the curve' is projected to yield an average health gain between 0.01 and 0.05 life years (0.1 to 0.6 months) per capita in the German population. The corresponding economic value ranges between €616 and €4797 per capita or, extrapolated to the total population, 1%-12% of the gross domestic product (GDP) in 2019. A shutdown that is successful in 'squashing the curve' is expected to yield a minimum health gain of 0.08 life years (1 month) per capita, corresponding to 19 % of the GDP in 2019. Results are particularly sensitive to mortality data and the prevalence of undetected cases. Conclusion: A successful shutdown is forecasted to yield a considerable gain in life years in the German population. Nevertheless, questions around the affordability and underfunding of other parts of the healthcare system emerge.
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