Items related to Valuing Health: The Generalized and Risk-Adjusted Cost-Effec...
- PublisherOxford University Press
- Publication date2024
- ISBN 10 019768629X
- ISBN 13 9780197686294
- BindingPaperback
- LanguageEnglish
- Number of pages328
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Valuing Health : The Generalized and Risk-adjusted Cost-effectiveness Grace Model
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Valuing Health Format: Hardback
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Valuing Health : The Generalized and Risk-adjusted Cost-effectiveness Grace Model
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Oxford University Press, 2024
ISBN 10: 019768629X
ISBN 13: 9780197686294
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Valuing Health
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Valuing Health
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Valuing Health: The Generalized and Risk-adjusted Cost-effectiveness Grace Model
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Valuing Health: The Generalized and Risk-Adjusted Cost-Effectiveness (GRACE) Model
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Oxford University Press Inc, 2024
ISBN 10: 019768629X
ISBN 13: 9780197686294
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Valuing Health : The Generalized and Risk-adjusted Cost-effectiveness Grace Model
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Valuing Health (Paperback)
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Oxford University Press Inc, New York, 2024
ISBN 10: 019768629X
ISBN 13: 9780197686294
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Paperback. Condition: new. Paperback. Cost-effectiveness analysis (CEA) plays an important role in health policy debates, helping to shape resource allocation and pricing decisions. Yet many economists also recognize that the current framework can offer misleading and incomplete results. Current CEA methods imply that health improvements are equally valuable to those in good health and poor health, which fails to recognize the increased value of health improvements for those with severe illness ordisability. Valuing Health introduces the generalized risk-adjusted cost-effectiveness (GRACE) model as a more accurate method for determining the value of medical treatments andtechnologies. The GRACE model generalizes the underlying CEA assumption of constant gains in health care, demonstrating through diminishing returns the greater economic value of improving the quality of life for individuals with disability or severe illness. Valuing Health also provides sensitivity analyses to show how value measurements change alongside key parameters, including the potential effects of various combinations of risk preferences on the aggregate value of treating adefined population with any set of available treatments. It concludes with a discussion of the ethical differences between the CEA and GRACE methods and outlines steps for implementing the GRACE model to replacestandard CEA as the proper method for valuing medical interventions.Valuing Health offers a revelatory reconceptualization of current valuation models in health economics with clear guidance for inclusive pricing and regulation that reflects the true value of modern health care. Valuing Health uses the generalized risk-adjusted cost-effectiveness (GRACE) model to demonstrate the economic value of improving the quality of life for individuals with disability or severe illness. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780197686294
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Valuing Health: The Generalized and Risk-Adjusted Cost-Effectiveness (GRACE) Model
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