QALYs versus HYEs-what's right and what's wrong. A review of the controversy

Article Abstract:

An axiomatic approach in evaluating the cost utility of health care programs was developed in an effort to address the weaknesses of quality-adjusted life years (QALY) and healthy-years equivalent (HYE) models. The proposed approach dwells on the use of a health status annuity device necessary in converting an arbitrary health profile to a constant health status sequence featuring the same length of life. The health status annuity approach inverts the functions of both the quantity and the quality of life in the assessment of health status consequences.

Health aspects, Models, Economic aspects, Life cycle, Human, Human developmental stages, Annuities

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On optimal length of life

Article Abstract:

The model discussed in the 1972 National Bureau of Economic Research monograph and 'Journal of Political Economy' offers a simple but logic framework for the analysis of optimal health paths and longevity. The model involves an assumption that the rate of depreciation on the stock of health increases with age. It also involves an assumption that the optimal stock decreases in relation to age.

Editorial, Research, Life span, Productive, Productive life span

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The willingness to pay for wait reduction: the disutility of queues for cataract surgery in Canada, Denmark, and Spain

Article Abstract:

Differences in patients' willingness to pay in order to reduce the length of time waiting for cataract surgery has been assessed for three locations, in Spain, Denmark, and Canada.

Analysis, Surgery, Cataract, Cataract extraction

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