Value based pricing/assessment

We have produced reports which consider the issues associated with implementing the Department of Health (DH) estimated values for Wider Societal Benefits into cost effectiveness models of the type typically submitted to NICE Appraisals (reports one and two).

We have also provided commentary and critical review of the DH proposals around 'Burden of illness' (report three) and 'Wider societal benefits' (report four).

DSU report one

Incorporating wider societal benefits into estimates of cost per QALY: Implications of value based pricing for NICE (PDF, 145KB) (Nov 2012)

DSU report two

Incorporating wider societal benefits into estimates of cost per QALY: Case studies (PDF, 222KB) (Dec 2012)

DSU report three

Department of Health proposals for including burden of illness into value based pricing: a description and critique (PDF, 205KB) (July 2013)

DSU report four

Department of Health proposals for including wider society benefits into value based pricing: a description and critique (PDF, 549KB) (August 2013)

Further information

The NICE consultation process for Value Based Assessment to create an addendum to the Guide to the methods of Technology Appraisals (consultation period 27 March to 20 June 2014)

Press release from NICE on results of the consultation (September 2014)

The DSU’s previous work on updating the NICE Methods Guide.