A “happiness” approach to health state values for children

05/18/2022 12:00 pm 05/18/2022 01:00 pm Australia/Melbourne A “happiness” approach to health state values for children

Estimations of population value sets for health state classification systems are used to compare health across different conditions and treatments to inform resource allocation decisions.

Approaches to eliciting health state values have, to date, relied exclusively on stated preference methods based on decision utility.

This research explores the possibility of using an experienced utility approach to generate or validate values for health states.

Using child self-reported happiness as an indicator of experienced utility and a generic health state instrument in children (Child Health Utility 9D Index, CHU9D), we estimate the relative value of CHU9D health dimension levels using a fixed effects model.

The resulting weights provide estimates of utility loss that are generally comparable to those estimated by the established stated preference decision utility weights for children with health conditions, despite two-fifths of the health dimension levels being collapsed for desired monotonicity.

This research demonstrates that using experienced utility methods is possible and has the potential to play a role in producing or validating health state values.

Speaker

Dr Li Huang, University of Melbourne

Dr Huang is a senior research fellow with the Health Economics Unit, the University of Melbourne. She has broad interests in the economics of wellbeing and income-related inequalities. She also specialises in economic analysis alongside clinical trials and clinical registries. Dr Huang is PhD-trained in Economics, and since joining the Health Economics Unit she has been undertaking joint research across disciplines with health science and clinical researchers.

Organised by

Centre for Health Economics, Monash Business School

As part of our centre's vibrant research culture, we host a weekly seminar series. Visiting and invited researchers present current research relating to the economics of health and wellbeing, and the healthcare sector. Visitors are welcome to join these sessions, where discussion and debate is encouraged.

Join the Zoom meeting

Click the button below to join the Zoom meeting.

Join now

Contact shannon.stanwell@monash.edu for more details.

Event Details

Date:
18 May 2022 at 12:00 pm – 1:00 pm
Venue:
In-person at Caulfield campus, Building H, Level 9, Room H914 and Zoom
Categories:
Health Economics; CHE Seminar

Description

Estimations of population value sets for health state classification systems are used to compare health across different conditions and treatments to inform resource allocation decisions.

Approaches to eliciting health state values have, to date, relied exclusively on stated preference methods based on decision utility.

This research explores the possibility of using an experienced utility approach to generate or validate values for health states.

Using child self-reported happiness as an indicator of experienced utility and a generic health state instrument in children (Child Health Utility 9D Index, CHU9D), we estimate the relative value of CHU9D health dimension levels using a fixed effects model.

The resulting weights provide estimates of utility loss that are generally comparable to those estimated by the established stated preference decision utility weights for children with health conditions, despite two-fifths of the health dimension levels being collapsed for desired monotonicity.

This research demonstrates that using experienced utility methods is possible and has the potential to play a role in producing or validating health state values.

Speaker

Dr Li Huang, University of Melbourne

Dr Huang is a senior research fellow with the Health Economics Unit, the University of Melbourne. She has broad interests in the economics of wellbeing and income-related inequalities. She also specialises in economic analysis alongside clinical trials and clinical registries. Dr Huang is PhD-trained in Economics, and since joining the Health Economics Unit she has been undertaking joint research across disciplines with health science and clinical researchers.

Organised by

Centre for Health Economics, Monash Business School

As part of our centre's vibrant research culture, we host a weekly seminar series. Visiting and invited researchers present current research relating to the economics of health and wellbeing, and the healthcare sector. Visitors are welcome to join these sessions, where discussion and debate is encouraged.

Join the Zoom meeting

Click the button below to join the Zoom meeting.

Join now

Contact shannon.stanwell@monash.edu for more details.