THE VALUE OF GENETIC DIVINATION – STATED PREFERENCES FOR PERSONALIZED INFORMATION FOR REDUCING MORTALITY RISKS

Published Nov 24, 2014
Durham, NC, USA – The advent of genetic testing provides individuals and health care systems the opportunity to acquire information about predispositions to cancers and other diseases.  Whether this information is useful depends on the existence of efficacious health interventions to mitigate any potential risk.  Genetic testing is expensive, and a justification for its inclusion in population-screening or insurance-based systems requires sophisticated economic evaluations. Researchers at RTI International, Duke Clinical Research Institute, and the Center for Engineering and Health at Northwestern University conducted an economic evaluation of genetic test information for colorectal cancer risks using survey data from a representative sample of US residents aged 50 and over.  The evaluation employed conjoint analyses or discrete choice experiments with a conceptual framework to estimate an individual’s personal valuation of genetic tests based on costs for preventing and monitoring colorectal cancer. The monetary equivalent of test information was approximately $1,800 – greater than the unit costs of many types of genetic tests.  While these results discourage the inclusion of genetic testing in large-scale programs at the current costs, testing may be beneficial for particular groups of individuals, such as large, less affluent, and employed households, or even larger populations in the future. The full study, “Valuations of Genetic Test Information for Treatable Conditions: The Case of Colorectal Cancer Screening,” is published in Value in Health.

Related Stories

Landmark Analysis in Value in Health Uncovers Potential Research Efficiency Gains

Sep 15, 2025

Value in Health, the official journal of ISPOR announced the publication of a landmark scoping review that provides a comprehensive mapping of patient preference studies across key medical domains, revealing the first robust evidence base for advancing meta-analyses and benefit transfer methods in healthcare decision-making.

"Most-Favored Nation" Drug Pricing Strategy May Backfire, New Research Warns

Sep 3, 2025

Value in Health, the official journal of ISPOR announced the publication of a new analysis suggesting that the Trump Administration's "Most-Favored Nation" approach to lowering US drug prices by referencing international prices may not achieve its intended goals, based on decades of experience with similar policies in Europe.

ISPOR Champions Research Transparency With Launch of Open Science Badges

Aug 4, 2025

ISPOR introduced an initiative to recognize transparency in research for papers published in Value in Health, its preeminent HEOR journal.
Your browser is out-of-date

ISPOR recommends that you update your browser for more security, speed and the best experience on ispor.org. Update my browser now

×