Valuing Outcomes in Health Care: A Comparison of Willingness to Pay and Quality-Adjusted Life-Years

Quality-adjusted life-years (QALYs) and willingness to pay (WTP) are two preference-based measures of health-related outcomes. In this article, we compare these two measures in eliciting individuals’ preferences for health outcomes associated with shingles. To collect the necessary preference data,...

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Veröffentlicht in:Journal of clinical epidemiology 1998-08, Vol.51 (8), p.667-676
Hauptverfasser: Bala, Mohan V, Wood, Lisa L, Zarkin, Gary A, Norton, Edward C, Gafni, Amiram, O’Brien, Bernie
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Sprache:eng
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Zusammenfassung:Quality-adjusted life-years (QALYs) and willingness to pay (WTP) are two preference-based measures of health-related outcomes. In this article, we compare these two measures in eliciting individuals’ preferences for health outcomes associated with shingles. To collect the necessary preference data, we administered computer-interactive interviews to a sample of 65- to 70-year-olds. We found no significant correlation between QALYs and WTP across individuals. We discuss our findings and argue that our results raise questions about whether QALYs and WTP are equivalent preference-based measures of health outcomes.
ISSN:0895-4356
1878-5921
DOI:10.1016/S0895-4356(98)00036-5