Abstract

http://ssrn.com/abstract=235523
 


 



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


Eva Rodríguez


University of Vigo - Faculty of Economics and Business

José Luis Pinto Prades


Universitat Pompeu Fabra - Faculty of Economic and Business Sciences

June 2000

Universitat Pompeu Fabra Working Paper No. 473

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.

Number of Pages in PDF File: 40

Keywords: QALY, age weights, social welfare function

JEL Classification: I18, D61, D63

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Date posted: September 7, 2000  

Suggested Citation

Rodríguez, Eva and Pinto Prades, José Luis, The Social Value of Health Programs: Is Age a Relevant Factor? (June 2000). Universitat Pompeu Fabra Working Paper No. 473. Available at SSRN: http://ssrn.com/abstract=235523 or http://dx.doi.org/10.2139/ssrn.235523

Contact Information

Eva Rodríguez Míguez
University of Vigo - Faculty of Economics and Business ( email )
As Lagoas Marcosende s/n
Departamento de Economia Aplicada
36200 Vigo
Spain
+34 986 812 516 (Phone)
+34 986 812 401 (Fax)
José Luis Pinto Prades (Contact Author)
Universitat Pompeu Fabra - Faculty of Economic and Business Sciences ( email )
Ramon Trias Fargas 25-27
Barcelona, 08005
Spain
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