A Practical Method for Estimating Generalized Risk-Adjusted Cost-Effectiveness Utilities and Willingness-to-Pay Corrections
A straightforward linear mapping permits analysts to estimate GRACE using traditional TTO health state utilities. Many existing studies use time-trade-off utilities in place of VAS. Our results suggest that this existing approach underestimates the GRACE value of health improvements for the sickest patients. Our study provides a solution without requiring generation of new data.
Authors
- Anirban Basu (ORCID: https://orcid.org/0000-0003-4238-7402)
- Darius Lakdawalla (ORCID: https://orcid.org/0000-0001-5934-8042)
Institutions
- University of Southern California (US)
- University of Washington (US)
Publication Details
- Journal
- Value in Health
- Published
- 2025-12-01
- DOI
- https://doi.org/10.1016/j.jval.2025.12.005
- Primary Topic
- Health Systems, Economic Evaluations, Quality of Life
- Type
- article
- Field-Weighted Citation Impact
- 0.00