Stability of Willingness to Pay: Does Time and Treatment Allocation in a Randomized Controlled Trial Influence Willingness to Pay?

Marjon van der Pol Verity WatsonDwayne Boyers

Published in: Medical decision making : an international journal of the Society for Medical Decision Making (2024)

Stated preferences are commonly used to value health care.Willingness-to-pay (WTP) estimates are useful only if they have a "shelf life."Little is known about the stability of WTP for health care.We test the stability of WTP for dental care over 3 y.Our results show that the contingent valuation method can produce stable WTP values.

Keyphrases

healthcare
health insurance
affordable care act
palliative care
quality improvement
oral health
pain management
combination therapy