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Updated 050818 Form
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People also ask
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Why is ICER important?
ICER seeks to provide an independent source of evidence review—free from financial conflicts of interest—to help patients today and in the future by catalyzing a movement toward fair pricing, fair access, and future innovation across the entire US health care system.
-
Is a higher or lower ICER better?
If for a given intervention the ICER is above this threshold it will be deemed too expensive and thus should not be funded, whereas if the ICER lies below the threshold the intervention can be judged cost-effective.
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What is the purpose of ICER?
ICER's goal is to bring more transparency to that conversation by 1) using evidence to determine the clinical benefit of health interventions, and 2) ensuring all parties can discuss access and pricing concerns in a public setting.
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What is the mission statement of the ICER?
ICER's mission is to help the US health system better balance fair pricing and fair access, while maintaining sufficient incentives for future innovation.
-
What is the interpretation of ICER?
An incremental cost-effectiveness ratio is a summary measure representing the economic value of an intervention, compared with an alternative (comparator). It is usually the main output or result of an economic evaluation.
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