Monetary value of health-a practical decision-making framework combining equity considerations and WTP.
Elizabeta RibarićIsmar VelićAna BobinacPublished in: The European journal of health economics : HEPAC : health economics in prevention and care (2024)
In Central and Eastern Europe, in spite of a growing understanding of the importance of further developing value-based assessment frameworks there has been very little empirical research to guide, inform and promote this development. Countries in this region use mainly GDP-based thresholds without empirical evidence to support such important decisions. This may lead to thresholds that are too high, with detrimental consequence for the pricing and reimbursement systems.