Related Experiment Video
Updated: Jan 20, 2026
Investigating the Benefits and Limitations of Natural Pedagogy
Published on: April 30, 2023
The marginal benefits of healthcare spending in the Netherlands: Estimating cost-effectiveness thresholds using a
Niek Stadhouders1, Xander Koolman2, Christel van Dijk3
1Scientific Institute for Quality of Healthcare, Radboud University Medical Center, Nijmegen, Netherlands.
Abstract:
New technologies may displace existing, higher-value care under a fixed budget. Countries aim to curtail adoption of low-value technologies, for example, by installing cost-effectiveness thresholds. Our objective is to estimate the opportunity cost of hospital care to identify a threshold value for the Netherlands. To this aim, we combine claims data, mortality data and quality of life questionnaires from 2012 to 2014 for 11,000 patient groups to obtain quality-adjusted life-year (QALY) outcomes and spending. Using a fixed effects translog model, we estimate that a 1% increase in hospital spending on average increases QALY outcomes by 0.2%. This implies a threshold of €73,600 per QALY, with 95% confidence intervals ranging from €53,000 to €94,000 per QALY. The results stipulate that new technologies with incremental cost effectiveness ratios exceeding the Dutch upper reference value of €80,000 may indeed displace more valuable care.
Related Concept Videos
The Costs and Benefits of Natural Pedagogy
Children have many tools they use over the course of development to learn from adults. Perhaps the earliest tool is imitation, simply copying what they see an adult do or say. However, children actually learn much more effectively than one might expect if they were only imitating. This is because, when it comes to learning and teaching, children and adults have a special relationship....
Marginal Cost II
For instance, consider a scenario where a firm produces bicycles. Initially, as the firm...
Social Cost and Benefit
External marginal benefits are additional benefits received by third parties when one more unit of a good or service is produced or consumed. These benefits are not received by the producer or consumer but by others outside the market exchange.
Social costs include...
Marginal Cost I
For example, let's consider a bakery that produces cakes. The variable costs for each cake include ingredients like flour, sugar, and eggs, as well as labor costs for the baker's time. If the bakery decides to increase...
Private Cost and Benefit
For instance, in a coffee shop, private costs to the producer include the price of coffee beans, milk, sugar, employee wages, utility bills, and all the other expenses that go into selling coffee. In a...
05:27Gap Junctional Intercellular Communication: A Functional Biomarker to Assess Adverse Effects of Toxicants and Toxins, and Health Benefits of Natural Products
