Economic Evaluation seminar - What Costs and Benefits Should be Counted in Health Technology Assessments and Guidelines? The NICE Perspective
Event details
Abstract:
“Perspective” determines what costs and outcomes are counted in value-for-money assessments of healthcare. A health sector perspective weighs health benefits against health sector costs, whereas a societal perspective can include effects on other sectors, such as education or economic productivity. There are intuitive arguments for counting wider societal effects in healthcare evaluations as a way of maximizing social welfare across public sector expenditure. However, there are also methodological, practical, and ethical issues that arise when routinely counting wider societal effects. The National Institute for Health and Care Excellence currently uses a health sector perspective in its value-for-money assessments but with flexibility to consider wider societal effects when they are especially relevant to the value of a health intervention.
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