Dear participant,
Our Horizon Europe project, ASCERTAIN, has a mission to make innovative high-cost drugs and technologies more accessible in Europe. ASCERTAIN will develop easy to use tools including pricing models, value assessment models, and reimbursement models, adaptable to country-specific conditions and patient preferences.
As part of the ASCERTAIN Horizon Europe research project we are conducting research to Cost-Effectiveness Thresholds. To complement our recent scoping review on this topic we are now conducting a multi-stakeholder online survey. This survey aims to:
- Understand Current Practices: Assess how Cost-Effectiveness Thresholds are determined, applied, and interpreted in different healthcare systems.
- Stakeholder Perspectives: Capture insights and opinions from diverse stakeholders on the relevance, appropriateness, and future direction of Cost-Effectiveness Thresholds in healthcare decision-making.
- Broaden the Scope of Value: Identify additional factors or criteria that should be considered in the development and application of Cost-Effectiveness Thresholds to reflect broader elements of value.
The online survey will be conducted from January 20, 2025 until February 28, 2025. The estimated time for taking the survey is around 20-30 minutes. Your input will provide valuable insights to advance this research.
Background
Innovative Health Technologies (IHTs), including medicines, medical devices, and procedures, are healthcare solutions that introduce new or enhanced approaches with the potential to significantly boost positive health outcomes. The growing presence of IHTs poses financial challenges for existing healthcare systems, as their potentially high costs strain the limited budgets of healthcare systems, diverting resources from other essential healthcare services. As a result, an economic evaluation of these IHTs is needed to ensure the cost-effective innovation of healthcare systems.
The outcome of an economic evaluation is generally expressed as an incremental cost-effectiveness ratio (ICER), which reflects how much additional resources are needed for an intervention to generate one additional health gain, mostly depicted in a quality adjusted life year (QALY), in comparison to the most effective alternative (often the standard of care). This ICER serves as a valuable standalone estimate, representing an efficiency ratio.
However, the ICER can also be compared against a Cost-Effectiveness Threshold value (i.e., the maximum acceptable ICER). This comparison tells if a new intervention is deemed more (ICER<threshold) or less (ICER>threshold) efficient in creating health gains than the interventions in the current healthcare system. To ensure accessibility and affordability of IHTs, an adequate Cost-Effectiveness Threshold that represents the needs and resources of the country of interest is essential.