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League Tables for Incremental Cost-Effectiveness Ratios

A cost-effectiveness league table is a listing of health interventions ranked by their incremental cost-effectiveness ratios (ICERs) presented in terms of cost per life years, or cost per quality-adjusted life years (QALYs) gained. A typical table (see Table 1) starts with the most favorable (lowest ICER) intervention and ends with the least favorable one (highest ICER). League tables are used to place findings of a cost-effectiveness analysis in a broader context and help determine whether a specific intervention presents “good value for the money.” They may be used for informing resource allocation decisions: Under a fixed budget constraint, healthcare resources are allocated starting with interventions with the lowest ICER and moving to higher ICERs until the entire budget is consumed.

Cost-Effectiveness Analysis and Rationing

Cost-effectiveness analysis is ...

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