Literature DB >> 22271512

Willingness-to-pay for predictive tests with no immediate treatment implications: a survey of US residents.

Peter J Neumann1, Joshua T Cohen, James K Hammitt, Thomas W Concannon, Hannah R Auerbach, Chihui Fang, David M Kent.   

Abstract

We assessed how much, if anything, people would pay for a laboratory test that predicted their future disease status. A questionnaire was administered via an internet-based survey to a random sample of adult US respondents. Each respondent answered questions about two different scenarios, each of which specified: one of four randomly selected diseases (Alzheimer's, arthritis, breast cancer, or prostate cancer); an ex ante risk of developing the disease (randomly designated 10 or 25%); and test accuracy (randomly designated perfect or 'not perfectly accurate'). Willingness-to-pay (WTP) was elicited with a double-bounded, dichotomous-choice approach. Of 1463 respondents who completed the survey, most (70-88%, depending on the scenario) were inclined to take the test. Inclination to take the test was lower for Alzheimer's and higher for prostate cancer compared with arthritis, and rose somewhat with disease prevalence and for the perfect versus imperfect test [Correction made here after initial online publication.]. Median WTP varied from $109 for the imperfect arthritis test to $263 for the perfect prostate cancer test. Respondents' preferences for predictive testing, even in the absence of direct treatment consequences, reflected health and non-health related factors, and suggests that conventional cost-effectiveness analyses may underestimate the value of testing.
Copyright © 2010 John Wiley & Sons, Ltd.

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Year:  2010        PMID: 22271512     DOI: 10.1002/hec.1704

Source DB:  PubMed          Journal:  Health Econ        ISSN: 1057-9230            Impact factor:   3.046


  46 in total

1.  Why do we pay for information that we won't use? A cognitive-based explanation for genetic information seeking.

Authors:  Alessandra Gorini; Gabriella Pravettoni
Journal:  Eur J Hum Genet       Date:  2015-09-09       Impact factor: 4.246

2.  Estimating Preferences for Complex Health Technologies: Lessons Learned and Implications for Personalized Medicine.

Authors:  Deborah A Marshall; Juan Marcos Gonzalez; Karen V MacDonald; F Reed Johnson
Journal:  Value Health       Date:  2017-01       Impact factor: 5.725

3.  Direct-to-consumer testing: if consumers are not anxious, why are policymakers?

Authors:  Timothy Caulfield
Journal:  Hum Genet       Date:  2011-04-11       Impact factor: 4.132

Review 4.  Personal utility in genomic testing: a systematic literature review.

Authors:  Jennefer N Kohler; Erin Turbitt; Barbara B Biesecker
Journal:  Eur J Hum Genet       Date:  2017-03-15       Impact factor: 4.246

Review 5.  Valuing Meta-Health Effects for Use in Economic Evaluations to Inform Reimbursement Decisions: A Review of the Evidence.

Authors:  Richard De Abreu Lourenco; Marion Haas; Jane Hall; Rosalie Viney
Journal:  Pharmacoeconomics       Date:  2017-03       Impact factor: 4.981

6.  Clinical implications of APOE genotyping for late-onset Alzheimer's disease (LOAD) risk estimation: a review of the literature.

Authors:  Victoria S Marshe; Ilona Gorbovskaya; Sarah Kanji; Maxine Kish; Daniel J Müller
Journal:  J Neural Transm (Vienna)       Date:  2018-10-31       Impact factor: 3.575

7.  Return of genomic results to research participants: the floor, the ceiling, and the choices in between.

Authors:  Gail P Jarvik; Laura M Amendola; Jonathan S Berg; Kyle Brothers; Ellen W Clayton; Wendy Chung; Barbara J Evans; James P Evans; Stephanie M Fullerton; Carlos J Gallego; Nanibaa' A Garrison; Stacy W Gray; Ingrid A Holm; Iftikhar J Kullo; Lisa Soleymani Lehmann; Cathy McCarty; Cynthia A Prows; Heidi L Rehm; Richard R Sharp; Joseph Salama; Saskia Sanderson; Sara L Van Driest; Marc S Williams; Susan M Wolf; Wendy A Wolf; Wylie Burke
Journal:  Am J Hum Genet       Date:  2014-05-08       Impact factor: 11.025

8.  Valuations of genetic test information for treatable conditions: the case of colorectal cancer screening.

Authors:  Vikram Kilambi; F Reed Johnson; Juan Marcos González; Ateesha F Mohamed
Journal:  Value Health       Date:  2014-11-06       Impact factor: 5.725

Review 9.  Genetic susceptibility testing for neurodegenerative diseases: ethical and practice issues.

Authors:  J Scott Roberts; Wendy R Uhlmann
Journal:  Prog Neurobiol       Date:  2013-04-09       Impact factor: 11.685

10.  Assessing the Value of Treatment to Address Various Symptoms Associated with Multiple Sclerosis: Results from a Contingent Valuation Study.

Authors:  Pei-Jung Lin; Cayla J Saret; Peter J Neumann; Eileen A Sandberg; Joshua T Cohen
Journal:  Pharmacoeconomics       Date:  2016-12       Impact factor: 4.981

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