Literature DB >> 33127013

Costing the COVID-19 Pandemic: An Exploratory Economic Evaluation of Hypothetical Suppression Policy in the United Kingdom.

Darshan Zala1, Iris Mosweu2, Simone Critchlow3, Renee Romeo4, Paul McCrone5.   

Abstract

OBJECTIVE: This study aims to cost and calculate the relative cost-effectiveness of the hypothetical suppression policies found in the Imperial College COVID-19 Response Team model.
METHODS: Key population-level disease projections in deaths, intensive care unit bed days, and non-intensive care unit bed days were taken from the Imperial College COVID-19 Response Team report of March 2020, which influenced the decision to introduce suppression policies in the United Kingdom. National income loss estimates were from a study that estimated the impact of a hypothetical pandemic on the UK economy, with sensitivity analyses based on projections that are more recent. Individual quality-adjusted life-year (QALY) loss and costed resource use inputs were taken from published sources.
RESULTS: Imperial model projected suppression polices compared to an unmitigated pandemic, even with the most pessimistic national income loss scenarios under suppression (10%), give incremental cost-effectiveness ratios below £50 000 per QALY. Assuming a maximum reduction in national income of 7.75%, incremental cost-effectiveness ratios for Imperial model projected suppression versus mitigation are below 60 000 per QALY.
CONCLUSIONS: Results are uncertain and conditional on the accuracy of the Imperial model projections; they are also sensitive to estimates of national income loss. Nevertheless, it would be difficult to claim that the hypothetical Imperial model-projected suppression policies are obviously cost-ineffective relative to the alternatives available. Despite evolving differences between government policy and Imperial model-projected suppression policy, it is hoped this article will provide some early insight into the trade-offs that are involved.
Copyright © 2020 ISPOR–The Professional Society for Health Economics and Outcomes Research. Published by Elsevier Inc. All rights reserved.

Entities:  

Keywords:  COVID-19; United Kingdom; coronavirus; cost-effectiveness; economic evaluation; mitigation; suppression

Mesh:

Year:  2020        PMID: 33127013     DOI: 10.1016/j.jval.2020.07.001

Source DB:  PubMed          Journal:  Value Health        ISSN: 1098-3015            Impact factor:   5.725


  8 in total

1.  Association of Simulated COVID-19 Policy Responses for Social Restrictions and Lockdowns With Health-Adjusted Life-Years and Costs in Victoria, Australia.

Authors:  Tony Blakely; Jason Thompson; Laxman Bablani; Patrick Andersen; Driss Ait Ouakrim; Natalie Carvalho; Patrick Abraham; Marie-Anne Boujaoude; Ameera Katar; Edifofon Akpan; Nick Wilson; Mark Stevenson
Journal:  JAMA Health Forum       Date:  2021-07-30

2.  Cost-effectiveness of interventions for the prevention and control of COVID-19: Systematic review of 85 modelling studies.

Authors:  Lihui Zhou; Wenxin Yan; Shu Li; Hongxi Yang; Xinyu Zhang; Wenli Lu; Jue Liu; Yaogang Wang
Journal:  J Glob Health       Date:  2022-06-15       Impact factor: 7.664

3.  A model framework for projecting the prevalence and impact of Long-COVID in the UK.

Authors:  Chris Martin; Michiel Luteijn; William Letton; Josephine Robertson; Stuart McDonald
Journal:  PLoS One       Date:  2021-12-02       Impact factor: 3.240

4.  Diagnostics and Treatments of COVID-19: A Living Systematic Review of Economic Evaluations.

Authors:  Jamie Elvidge; Ashley Summerfield; David Nicholls; Dalia Dawoud
Journal:  Value Health       Date:  2022-02-16       Impact factor: 5.101

Review 5.  Economic evaluations of interventions against viral pandemics: a scoping review.

Authors:  M K Rasmussen; C Kronborg; I Fasterholdt; K Kidholm
Journal:  Public Health       Date:  2022-06-17       Impact factor: 4.984

6.  State-controlled epidemic in a game against a novel pathogen.

Authors:  József Garay; Ádám Kun; Zoltán Varga; Manuel Gámez; Ana Belén Castaño-Fernández; Tamás F Móri
Journal:  Sci Rep       Date:  2022-09-20       Impact factor: 4.996

7.  Cost-effectiveness of a whole-area testing pilot of asymptomatic SARS-CoV-2 infections with lateral flow devices: a modelling and economic analysis study.

Authors:  Mark Drakesmith; Brendan Collins; Angela Jones; Kelechi Nnoaham; Daniel Rhys Thomas
Journal:  BMC Health Serv Res       Date:  2022-09-22       Impact factor: 2.908

8.  Estimating US Earnings Loss Associated with COVID-19 Based on Human Capital Calculation.

Authors:  Fuhmei Wang; Jung-Der Wang
Journal:  Int J Environ Res Public Health       Date:  2022-01-17       Impact factor: 3.390

  8 in total

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