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Challenges and Solutions for Budget Impact Analysis of Gene Therapies

By convention, values for generic ‘preference-based’ measures, such as the EQ-5D, are anchored at 1 = full health and 0 = dead. This paper challenges the assumption that anchoring health state values at ‘dead = 0’ is a necessary condition for values to be used in quality-adjusted life year (QALY) estimation. The authors consider five propositions, using narrative review of the literature and conceptual explication of the problem:
By convention, values for generic ‘preference-based’ measures, such as the EQ-5D, are anchored at 1 = full health and 0 = dead. This paper challenges the assumption that anchoring health state values at ‘dead = 0’ is a necessary condition for values to be used in quality-adjusted life year (QALY) estimation. The authors consider five propositions, using narrative review of the literature and conceptual explication of the problem:
There is support for each proposition. Anchoring health state values at dead was an arbitrary choice made early in the development of health state valuation methods. The use of dead as an anchor is unnecessary and undesirable because of the methodological and conceptual issues it causes. The authors conclude that, in valuing health states, researchers should ‘drop dead’.
Drop Dead: Is Anchoring at ‘Dead’ a Theoretical Requirement in Health State Valuation?