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This is referred to as the cost neutral price (Pn).
The cost neutral price for one HRHPV HCII test was calculated by assessing the savings which are achieved by not performing colposcopy in women who test HRHPV negative.
The first step demonstrates, using mathematical equations, the relationship between the price of a new intervention, the ICER, the threshold value for cost-effectiveness, and the cost neutral price (Pn) and the maximum price (Pm) linked to that threshold.
If only women over 30 years would be triaged by HRHPV HCII at a cut-off of 3RLU, the cost neutral price for one HRHPV HCII test would amount to £41.
As costings for colposcopy are defined by the health care resource group within the NHS, it is possible to calculate the cost neutral price for one HRHPV HCII test from these savings.
Similar(55)
The insurer has become one of the first in the UK to clarify how it intends to implement gender neutral pricing.
But this will change in December – or earlier as some insurers won't necessarily wait until then to introduce gender neutral pricing.
Legal & General brought in gender neutral pricing for its annuities on 20 December, and said it had reduced male annuity rates by an average of 3% and boosted female rates to the tune of around 3.2%.
These distortions were calibrated to bring risk neutral prices embedded in option markets to lie within the measure distorted physical arrival rates for data on the S&P500 index.
By using only a suitable subset of "no-good-deal" risk neutral prices, the resulting valuation bounds are tighter than the classical no-arbitrage bounds (which are often too wide) but still have economic meaning.
Since the crisis, the price components are risk-neutral price (discounted using OIS), hedging costs, CVA, bank's profit, FVA (including cost of liquidation buffers), KVA, MVA, and even, for some financial entities, tax valuation adjustment.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com