As expected, efficacy and safety were most valued by patients; however, this study showed that other COPD medication attributes, such as rescue medication, ease of use, and feeling medication work quickly, are also important in patient preferences. </AbstractSection> Copyright The Author(s) 2014

The value of a health state may depend on how long an individual has had to endure the health state (i.e. hedonic load). In this paper, we test the constant proportionality (CP) assumption and determine the sign of relationship between duration and health state value for 42 health states using...

The value of a health state is typically described relative to the value of an optimal state, specifically as a ratio ranging from unity (equal to optimal health) to negative infinity. Incorporating potentially infinite values is a challenging issue in the econometrics of health valuation. In...

By polling individual responses to hypothetical scenarios, valuation studies estimate population preferences toward health on a quality-adjusted life year (QALY) scale. The scenarios typically involve trade‐offs in time (time trade‐off (TTO)), risk (standard gamble (SG)), or number of...

Rationale: With the recent increases in medical spending, employers have changed health care benefits to decrease health insurance costs by implementing increased cost sharing and decreasing the amount of covered services. It is unclear what the effect of changing plan design has on health care...