VALUE-BASED PRICING SCHEME FOR NEW TECHNOLOGY IN CONSIDERATION OF COST-EFFECTIVENESS DOMINANCE TO THE CONTROL
Author(s)
Kamae I1, Sugimoto T1, Yamabe K2
1The University of Tokyo, Graduate School of Public Policy, Tokyo, Japan, 2Takeda Pharmaceutical Company Ltd., and The University of Tokyo, Tokyo, Japan
OBJECTIVES: This study aims to develop a theoretical scheme to achieve value-based pricing in consideration of the efficiency with respect to the cost-effectiveness dominance of a new technology, compared to the best control or the next best one.
METHODS: Suppose that a pair of cost and benefit of a new technology, the best control and next best one is respectively represented as three points with X(Ex, Cx), S(Es, Cs) and S'(Es', Cs') on the cost-effectiveness plane, assuming the inequalities Es' < Es < Ex and Cs' < Cs < Cx
Conference/Value in Health Info
2015-11, ISPOR Europe 2015, Milan, Italy
Value in Health, Vol. 18, No. 7 (November 2015)
Code
PRM280
Topic
Methodological & Statistical Research
Topic Subcategory
Confounding, Selection Bias Correction, Causal Inference
Disease
Multiple Diseases