Start: 1 January 2014
End: 31 December 2016
Completed - 100%
Publish date1 July 2020 10:20
Priority setting decisions in health policy are unavoidable. Priority setting has inevitable consequences in terms of foregone health benefits. Decisions can be optimized by ensuring that decision makers have clarity about both the costs and benefits of different options. The use of economic evaluation methods can provide a systematic approach to relating costs and benefits and determining the value of a policy package. In this effort, the Bill and Melinda Gates Foundation (BMGF) is one of the largest investors in economic evaluation research on health interventions in low and middle-income countries (LMICs). It funds 28% of all published cost effectiveness analyses that use the DALY outcome measure in LMIC settings. However, to date there has been substantial variation in both the approaches and methodologies used, as well as in the quality of BMGF-funded analyses. Ultimately this limits their usefulness to local policy makers, other stakeholders and BMGF. To improve on this, the BMGF involved the HITAP International Unit (HIU) in collaboration with NICE International, the University of York, the London School of Hygiene and Tropical Medicine and the University of Glasgow to review the health economic evaluations conducted in LMICs and gather information for standardizing methodology.
The Methods for Economic Evaluation Project (MEEP) focusses on the methodological aspects of a reference case, but briefly explores how the use of a reference case would reveal the social and scientific values held by the BMGF. Specifically, it looks at the development and application of a Gates Reference Case (Gates-RC) by BMGF, which presents both benefits and risks and the capacity to improve the utility of economic evaluations in informing decision-making supports its development and adoption. From then on it looks at the proposed Gates-RC and the principles it uses to guide the planning, conducting and reporting of economic evaluations.
Project’s AimsThe project aims to provide principles that align methods for economic evaluations. It also aims to synthesize methodologies that are used in economic evaluations in LMICs
Project’s Output11 Principles for Economic Evaluations