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Priority Setting In Global Health: Towards A Minimum Daly Value

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  • Tom Drake

Abstract

Rational and analytic healthcare decision making employed by many national healthcare‐funding bodies could also be expected from global health donors. Cost effectiveness analysis of healthcare investment options presents the effectiveness of a particular action in proportion to the resources required, and cost effectiveness thresholds, while somewhat arbitrary, define the level at which the investment can be considered value for money. Currently, cost effectiveness thresholds reflect the national budget context or willingness‐to‐pay, which is problematic when making cross‐country comparisons. Defining a global minimum monetary value for the disability adjusted life year (DALY) would in effect set a global baseline cost effectiveness threshold. A global minimum DALY value would reflect a universal minimum value on human health, irrespective of a national provider's willingness or ability to pay. A minimum DALY value and associated threshold has both limitations and flaws but is justified on similar grounds to the Millennium Development Goals or the absolute poverty threshold and has the potential to radically improve transparency and efficiency of priority setting in global health. Copyright © 2013 John Wiley & Sons, Ltd.

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  • Tom Drake, 2014. "Priority Setting In Global Health: Towards A Minimum Daly Value," Health Economics, John Wiley & Sons, Ltd., vol. 23(2), pages 248-252, February.
    • Handle: RePEc:wly:hlthec:v:23:y:2014:i:2:p:248-252
    DOI: 10.1002/hec.2925
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    References listed on IDEAS

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    2. Neily Zakiyah & Antoinette D I van Asselt & Frank Roijmans & Maarten J Postma, 2016. "Economic Evaluation of Family Planning Interventions in Low and Middle Income Countries; A Systematic Review," PLOS ONE, Public Library of Science, vol. 11(12), pages 1-19, December.
    3. Chengzhen Bao & Mamat Mayila & Zhenhua Ye & Jianbing Wang & Mingjuan Jin & Wenjiong He & Kun Chen, 2015. "Forecasting and Analyzing the Disease Burden of Aged Population in China, Based on the 2010 Global Burden of Disease Study," IJERPH, MDPI, vol. 12(7), pages 1-13, June.
    4. Ulla Kou Griffiths & Rosa Legood & Catherine Pitt, 2016. "Comparison of Economic Evaluation Methods Across Low‐income, Middle‐income and High‐income Countries: What are the Differences and Why?," Health Economics, John Wiley & Sons, Ltd., vol. 25(S1), pages 29-41, February.

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