Mf. Drummond et al., SELECTION OF END-POINTS IN ECONOMIC EVALUATIONS OF CORONARY-HEART-DISEASE INTERVENTIONS, Medical decision making, 13(3), 1993, pp. 184-190
Economic evaluations of interventions to lower blood pressure or chole
sterol have used different outcome measures, or end points, in the den
ominator. Some have related the costs of interventions to improvements
in physiologic end points such as mm Hg reduction in blood pressure.
Some have related costs to avoidance of coronary heart disease (CHD) e
vents or gains in life expectancy. Others have measured improvements i
n outcome in quality-adjusted life years (QALYs) gained. The different
end points imply different analytic perspectives and different data r
equirements. The more ambitious analyses, though potentially more rele
vant in certain situations, require more controversial assumptions to
be made. This paper illustrates the trade-offs of relevance, accuracy,
and precision by reference to an evaluation of drug therapy for hyper
cholesterolemia undertaken in the United Kingdom. Estimates are given
of cost per percentage cholesterol reduction, cost per CHD event avoid
ed, cost per CHD-free year gained, cost per life year gained, and cost
per quality-adjusted life year gained. In each case the assumptions r
equired and the potential relevance of the estimate are discussed. The
main findings are that: 1) some end points cannot be discounted to pr
esent values in a meaningful way and hence the timing of costs and out
comes cannot be reflected in the analysis; 2) the incorporation of qua
lity-of-life adjustments for years on drug therapy and years post-CHD
events greatly changes the cost-effectiveness ratios; 3) the rate of d
iscount changes the pretreatment level of cholesterol for which cost p
er life year gained is equivalent to cost per quality-adjusted life ye
ar gained.