Show Summary Details
Page of

Comparing cost and effect: point estimates for cost-effectiveness ratios and net monetary benefit 

Comparing cost and effect: point estimates for cost-effectiveness ratios and net monetary benefit
Chapter:
Comparing cost and effect: point estimates for cost-effectiveness ratios and net monetary benefit
Author(s):

Dr. Henry A. Glick

, Dr. Jalpa A. Doshi

, Dr. Seema S. Sonnad

, and Dr. Daniel Polsky

DOI:
10.1093/med/9780199685028.003.0007
Page of

PRINTED FROM OXFORD MEDICINE ONLINE (www.oxfordmedicine.com). © Oxford University Press, 2016. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Medicine Online for personal use (for details see Privacy Policy and Legal Notice).

date: 23 August 2019

This chapter addresses methods for comparing point estimates of the measures of cost and effect. Specific material includes definition of the incremental cost-effectiveness ratio and net monetary benefit and a description of the cost-effectiveness plane (axes, construction, and interpretation of quadrants), It also identifies the one combination of outcomes for which, if there is no consideration of sampling uncertainty, we need to calculate a cost-effectiveness ratio (significantly larger costs and effects) and the four combinations when we do not need to calculate a ratio. Finally, it discusses algorithms for choosing among multiple therapies using either incremental cost-effectiveness ratios or net monetary benefit and provides a worked example.

Access to the complete content on Oxford Medicine Online requires a subscription or purchase. Public users are able to search the site and view the abstracts for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can't find the answer there, please contact us.