Researchers working on the HRC-funded 'Burden of disease epidemiology, equity, and cost effectiveness programme (BODE3)' have developed an online calculator to help decide how much society should pay for life-saving interventions.
The team, led by Professor Tony Blakely of the University of Otago, Wellington, can estimate the maximum intervention cost a society could invest in a life-saving intervention at different ages while remaining cost-effective according to a user-specified cost-effectiveness threshold.
In the journal article about this work, the researchers say that policymakers could use these estimates as a rapid screening tool to determine if more detailed cost-effectiveness analyses of potential life-saving interventions might be worthwhile, or which proposed life-saving interventions are very unlikely to benefit from such additional research.
Read the Population Health Metrics journal article about this research.