The phrase "a life year" is correct and usable in written English.
It can be used in contexts related to health, longevity, or research, often referring to a year of life lived or gained, particularly in studies measuring health outcomes.
Example: "The new treatment has been shown to increase the average number of life years for patients with chronic illnesses."
Alternatives: "a year of life" or "life expectancy year".
The mean WTP to save one Year of Life Loss (YOLL) is approximately 920 € per person per year, which corresponds to a Value of a Life Year (VOLY) that is approximately 41 000 €.
Value of a life year (VOLY).
Using as value of a life year approximately 45,072 dollars in 2010 prices, they estimate the value of health capital by gender and education for Estonia.
The cost of accidents can be evaluated in general in three different ways: (i) Willingness-to-pay (WTP) (ii) Value of a life year (VOLY) (iii) Gross Output or Human Capital Method. .
Results were displayed with a cost effectiveness acceptability curve (CEAC) that shows the probability that the intervention is cost effective for different willingness-to-pay values for a life year saved.
The average impact for the overall Ontario population is one-sixth of a life year lost and one-fifth of a life year lost in the ever-smoker population.
These impacts were converted into monetary values by using the EU standard value of a life-year adjusted for quality of life experience.
This corresponds reasonably well with our variations in cost of a life-year from €2499 to €16033.
Both cost-effectiveness, expressing results in additional expenses for a life-year gained (LYG), and cost utility analyses using quality-adjusted life-years (QALYs) gained were performed.
The discount and value of a life-year variables had significant impact on the results when estimating the monetary loss of the life years.
The value of a life-year lost estimate was based on CAFE program mean and median values (52000 and 120000 euros, respectively) [ 39].
