Saved Young Life Equivalent

Definition

Health Economics

  • This is an alternative health outcome measure to the healthy years equivalent or the quality-adjusted life-year. It works via the person trade-off method, by asking experimental subjects to determine how many individuals it would take to move from health state X to health state Y (better) for such a change to be judged equivalent to saving one young person's life. For example, if the answer to that question proved to be 15 individuals, then 0.07 (i.e. 1/15) would be the value ascribed to moving one person from health state X to health state Y.
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