Cost-effectiveness thresholds: theory, pragmatism, and NICE's new number

Office of Health Economics

In April this year, NICE raised its cost-effectiveness threshold for the first time in 20 years, moving from £20,000-£30,000 per QALY to £25,000–£35,000 per QALY. On paper, it’s not a big difference. But the fact that there was a change, and how it came about is significant.  Grace Hampson is joi