Wednesday, March 30, 2011

Why everyone has to learn about QALY

This is ridiculous - to not consider the cost of a medication, but then demand that other types of care be subjected to "cost effectiveness" tests... We need a level playing field for what value taxpayers and patients are getting - Quality Adjusted Life Years, or QALY is the way to do that.

Please see the quote from Dr David Flum at University of Washington in the article from day 1 of the NYC Diabetes Conference.

A billion dollars for less than 2 more months of life?

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