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This study explores an alternative model for valuing EQ-5D health states using differences in valuations. The results suggest that the new model has better predictive ability compared to the original model, but there are important differences between them. The lack of consensus on the ordering of states has implications for policy decisions.
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Modelling valuations for the EQ-5D health states: an alternative model using differences in valuations Jennifer Roberts and Paul Dolan Sheffield Health Economics Group
The EQ-5D • Mobility • Self Care • Usual Activities • Pain/Discomfort • Anxiety/Depression • 3 levels defining problems on each dimension (none, some, a lot).
Motivation • the original EQ-5D study • preference based single index • 42 states (from 243) valued by TTO • i = 2997, j = 12, n = 35,964 • ‘tariff’ produced (Dolan 1997) • predicts mean health state values quite well • despite • enormous variation across individual valuations of states
The data for the new tariff model • all respondents valued 33333 plus 11 others • 2 very mild (n ~ 1200) • 3 each from mild, moderate and severe (n ~ 750) • consider each respondents value of each state as the difference from their value for 33333 • i = 2997, j = 11, n = 32,967 • random effects model used
Conclusion • Lack of consensus on ordering of states has implications for policy decisions … • Two models are similar in structure and findings • New model has better predictive ability • Some important differences arise • difference in health change given by the two tariffs could be as much as 0.245 • Which (if any) is the right model?