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Societal Preferences for Subsidizing Treatments Targeting Patients With Advanced Illness: A Discrete Choice Experiment.

Publication ,  Journal Article
Baid, D; Lakdawalla, DN; Finkelstein, EA
Published in: Value Health Reg Issues
September 2024

OBJECTIVES: Cost-effectiveness analyses are increasingly used to inform subvention decisions for moderately life extending treatments but apply several simplifying assumptions that may be inconsistent with public preferences. Contrary to standard assumptions, we hypothesize that societal willingness to allocate public funding toward these treatments is (1) diminishing for incremental improvements in survival and quality of life (QoL) and (2) greater for subvention policies that exclude the oldest old (>80 years). METHODS: We tested these hypotheses using a web-based discrete choice experiment (n = 425) in Singapore. In each of 5 questions, respondents were shown 2 hypothetical treatments targeting patients with an expected prognosis of 2 months at very poor QoL and asked which treatment they wanted the government to subsidize, if any. Treatments were defined by 4 attributes: cost to the government, age of beneficiaries, expected gain in survival (2-12 months), and QoL (poor, fair, and good). RESULTS: Latent class models were used to analyze results. Results revealed 2 classes. In the majority class (69.7% of sample), respondents value incremental gains in survival and QoL at a diminishing rate. Their willingness to allocate public funding estimates (Singapore dollars 16 825-91 027 per patient per month) were much higher than traditional cost-effectiveness thresholds. In the second class, respondents were unwilling to subsidize treatments offering less than 2 months of life extension or poor QoL. Neither class preferred subvention policies that exclude the oldest old. CONCLUSIONS: These findings suggest that the Singapore government should consider cost-effectiveness thresholds that rise with increases in life extension. Age-based restrictions should not be imposed.

Duke Scholars

Published In

Value Health Reg Issues

DOI

EISSN

2212-1102

Publication Date

September 2024

Volume

43

Start / End Page

101003

Location

United States

Related Subject Headings

  • Surveys and Questionnaires
  • Singapore
  • Quality of Life
  • Middle Aged
  • Male
  • Humans
  • Financing, Government
  • Female
  • Cost-Benefit Analysis
  • Choice Behavior
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Baid, D., Lakdawalla, D. N., & Finkelstein, E. A. (2024). Societal Preferences for Subsidizing Treatments Targeting Patients With Advanced Illness: A Discrete Choice Experiment. Value Health Reg Issues, 43, 101003. https://doi.org/10.1016/j.vhri.2024.101003
Baid, Drishti, Darius N. Lakdawalla, and Eric A. Finkelstein. “Societal Preferences for Subsidizing Treatments Targeting Patients With Advanced Illness: A Discrete Choice Experiment.Value Health Reg Issues 43 (September 2024): 101003. https://doi.org/10.1016/j.vhri.2024.101003.
Baid D, Lakdawalla DN, Finkelstein EA. Societal Preferences for Subsidizing Treatments Targeting Patients With Advanced Illness: A Discrete Choice Experiment. Value Health Reg Issues. 2024 Sep;43:101003.
Baid, Drishti, et al. “Societal Preferences for Subsidizing Treatments Targeting Patients With Advanced Illness: A Discrete Choice Experiment.Value Health Reg Issues, vol. 43, Sept. 2024, p. 101003. Pubmed, doi:10.1016/j.vhri.2024.101003.
Baid D, Lakdawalla DN, Finkelstein EA. Societal Preferences for Subsidizing Treatments Targeting Patients With Advanced Illness: A Discrete Choice Experiment. Value Health Reg Issues. 2024 Sep;43:101003.

Published In

Value Health Reg Issues

DOI

EISSN

2212-1102

Publication Date

September 2024

Volume

43

Start / End Page

101003

Location

United States

Related Subject Headings

  • Surveys and Questionnaires
  • Singapore
  • Quality of Life
  • Middle Aged
  • Male
  • Humans
  • Financing, Government
  • Female
  • Cost-Benefit Analysis
  • Choice Behavior