In this paper, a semiparametric bivariate linear regression model for survi
val and quality-adjusted survival is investigated. Even with a parametric s
pecification for the joint distribution, maximum likelihood is not applicab
le because of induced informative censoring. We propose inference procedure
s based on estimating functions. The estimators are consistent and asymptot
ically normal. Hypothesis tests and confidence intervals may be constructed
with easy-to-implement resampling techniques. Simultaneous regression mode
ling of survival and quality-adjusted survival has not been studied formall
y. Our methodology gives parameter estimates that are highly interpretable
in the context of a cost-effectiveness analysis. The usefulness of the prop
osal is illustrated with a breast cancer dataset.