A new online calculator for estimating how much a society might spend on life-saving interventions

Wednesday, July 22nd, 2015 | Kate Sloane | No Comments

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By the BODE3 Programme Team*

In this blog we describe an online calculator we developed to estimate the maximum investment society might consider spending on life-saving health interventions, while remaining cost-effective. For NZ, the amounts generated by this calculator vary greatly by age: NZ$ 1.2 million for an intervention to save the life of a child, NZ$ 0.7 million for a 50-year-old, and NZ$ 0.2 million for an 80-year-old, assuming we are willing to spend $45,000 per healthy life-years gained and the person is returned to the expected health status of the average NZ citizen. These results are very sensitive to the choice of discount rate and to the selected cost-effectiveness threshold. Policy-makers could use this calculator as a rapid screening tool to determine if more detailed cost-effectiveness analyses of potential life-saving interventions might be worthwhile.

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Insights into health system costs of living and dying in New Zealand – New study

Friday, May 2nd, 2014 | TONY BLAKELY | No Comments

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Professor Tony Blakely and Associate Professor Nick Wilson (and on behalf of co-authors June Atkinson, Giorgi Kvizhinadze, Nhung Nghiem, and Heather McLeod)

A study in the NZ Medical Journal shows how public spending on health varies markedly by age and proximity to death (Blakely et al 2014, health system costs). It raises interesting questions about the best use of taxpayer funds for preventing and treating ill health. In this blog we detail the main findings of this study and reflect some of the possible implications. Continue reading