Literature DB >> 29702810

Cost-effectiveness versus Cost-Utility Analyses: What Are the Motives Behind Using Each and How Do Their Results Differ?-A Polish Example.

Joanna Jakubiak-Lasocka1, Michał Jakubczyk2.   

Abstract

OBJECTIVES: We aimed to compare the use of cost-effectiveness analysis and cost-utility analysis in health technology assessment in Poland.
METHODS: We analyzed all the submissions (155) made to the Polish Agency for Health Technology Assessment in the period 2007 to 2011, with 316 intervention-comparator comparisons reporting incremental cost-effectiveness ratios (ICERs) or incremental cost-utility ratios (ICURs). We compared ICERs and ICURs when both were reported (31%), determined factors associated with reporting one or the other, and tested the precision of their assessment.
RESULTS: In 13% of the cases, ICER and ICUR led to different decisions (were on opposite sides of the willingness-to-pay threshold). Cost-effectiveness analyses were more frequently performed in oncology, offering at the same time more favorable results. It was also more frequent for longer time-horizon models, although then ICER values were on average higher.
CONCLUSIONS: In Poland, cost-utility analysis is a usual approach of increasing popularity. Interestingly, although assessing ICUR requires additional assumptions, it is estimated more precisely (reported ranges of values in sensitivity analyses are narrower), especially in oncology. ICER and ICUR disagree more often than previously shown in literature. There seem to be no clear signs of biases in submissions (selecting whether to present ICER or ICUR on the basis of their values), but the current study is limited because only the values presented by manufacturers in the submission are available.
Copyright © 2014 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Entities:  

Keywords:  HTA; Poland; cost-effectiveness analysis; cost-utility analysis; incremental cost-effectiveness ratio; incremental cost-utility ratio

Year:  2014        PMID: 29702810     DOI: 10.1016/j.vhri.2014.06.008

Source DB:  PubMed          Journal:  Value Health Reg Issues        ISSN: 2212-1099


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