10.4225/03/5936195305f8d
Richardson, Jeff
Jeff
Richardson
McKie, John
John
McKie
Peacock, Stuart
Stuart
Peacock
Iezzi, Angelo
Angelo
Iezzi
Severity as an independent determinant of the social value of a health service
Monash University
2017
monash:7508
2007
1959.1/42388
2017-06-06 02:54:09
Journal contribution
https://bridges.monash.edu/articles/journal_contribution/Severity_as_an_independent_determinant_of_the_social_value_of_a_health_service/5081050
The measure of benefit in cost utility analysis (CUA) is the increase in utility which is attributable to a health service. This paper reviews the evidence that the severity of an illness – the health state before receipt of the health service – may be independently important for social (as distinct from individual) preferences for different services. An earlier 1997 Australian study is summarised. Data from a 2004 survey are used to quantify the apparent importance of severity. Person trade off (PTO) scores are used to measure social preferences and time trade off (TTO) scores to measure individual preferences. Econometric results suggest the severity may more than double the index of social value of a health service.