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How Much Better is Faster? Empirical Tests of QALY Assumptions in Health-Outcome Sequences.

Publication ,  Journal Article
Johnson, FR; Sheehan, JJ; Ozdemir, S; Wallace, M; Yang, J-C
Published in: Pharmacoeconomics
January 2025

OBJECTIVES: This study was designed to test hypotheses regarding the path dependence of health-outcome values in the form of linear additivity of health-state utilities and diminishing marginal utility of health outcomes. METHODS: We employed a discrete-choice experiment to quantify patient treatment preferences for major depressive disorder. In a series of choice questions, participants evaluated seven symptom-improvement sequences and out-of-pocket costs over 6-week durations. Money-equivalent values were derived from a deductive latent-class mixed-logit analysis. RESULTS: The discrete-choice experiment was completed by 751 respondents with self-reported major depressive disorder recruited from an online commercial panel. The class-membership probability was 0.83 for latent-class preferences consistent with supporting relative importance weights for all symptom-improvement sequences in the study design. First, we found strong support for diminishing marginal utility in symptom-improvement sequences. The money-equivalent value of an initial week of normal mood was $147 (95% confidence interval: $128, $166) and a second week of normal mood was $70 ($49, $91). Furthermore, for short treatment durations where conventional discounting was not a factor, equivalent changes in health status were valued more highly for an earlier onset of effect: holding subsequent symptom patterns constant, $338 (211, 454) versus $70 (49, 91) for improvements starting in week 2 versus week 3 and $147 ($128, $166) versus $29 (-$4, $64) for improvements starting in week 3 versus week 4. CONCLUSIONS: Our findings imply that conventional quality-adjusted life-year calculations in which health values are assumed to be path independent can understate the value of health improvements that appear earlier in a sequence.

Duke Scholars

Published In

Pharmacoeconomics

DOI

EISSN

1179-2027

Publication Date

January 2025

Volume

43

Issue

1

Start / End Page

45 / 52

Location

New Zealand

Related Subject Headings

  • Time Factors
  • Surveys and Questionnaires
  • Quality-Adjusted Life Years
  • Patient Preference
  • Middle Aged
  • Male
  • Humans
  • Health Policy & Services
  • Health Expenditures
  • Female
 

Citation

APA
Chicago
ICMJE
MLA
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Johnson, F. R., Sheehan, J. J., Ozdemir, S., Wallace, M., & Yang, J.-C. (2025). How Much Better is Faster? Empirical Tests of QALY Assumptions in Health-Outcome Sequences. Pharmacoeconomics, 43(1), 45–52. https://doi.org/10.1007/s40273-024-01437-0
Johnson, F Reed, John J. Sheehan, Semra Ozdemir, Matthew Wallace, and Jui-Chen Yang. “How Much Better is Faster? Empirical Tests of QALY Assumptions in Health-Outcome Sequences.Pharmacoeconomics 43, no. 1 (January 2025): 45–52. https://doi.org/10.1007/s40273-024-01437-0.
Johnson FR, Sheehan JJ, Ozdemir S, Wallace M, Yang J-C. How Much Better is Faster? Empirical Tests of QALY Assumptions in Health-Outcome Sequences. Pharmacoeconomics. 2025 Jan;43(1):45–52.
Johnson, F. Reed, et al. “How Much Better is Faster? Empirical Tests of QALY Assumptions in Health-Outcome Sequences.Pharmacoeconomics, vol. 43, no. 1, Jan. 2025, pp. 45–52. Pubmed, doi:10.1007/s40273-024-01437-0.
Johnson FR, Sheehan JJ, Ozdemir S, Wallace M, Yang J-C. How Much Better is Faster? Empirical Tests of QALY Assumptions in Health-Outcome Sequences. Pharmacoeconomics. 2025 Jan;43(1):45–52.
Journal cover image

Published In

Pharmacoeconomics

DOI

EISSN

1179-2027

Publication Date

January 2025

Volume

43

Issue

1

Start / End Page

45 / 52

Location

New Zealand

Related Subject Headings

  • Time Factors
  • Surveys and Questionnaires
  • Quality-Adjusted Life Years
  • Patient Preference
  • Middle Aged
  • Male
  • Humans
  • Health Policy & Services
  • Health Expenditures
  • Female