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The insurer seeks to maximize social welfare, assumed to consist of (i) patients' utility, (ii) the social cost of treatment, and (iii) payment by the insurer.
The second term gives the welfare difference associated with patients' utility when i=H and j=p r (the welfare difference for high-severity patients in the private hospital).
We normalize patients' utility when they receive immediate medical treatment to 1.16 In contrast, the utility of dumped patients is given by γ∈(−∞,1), which captures the ill-effects of patient dumping, such as delayed attention and additional treatment cost.17 Finally, η∈[1,∞) represents a healthcare payment cost.
There were missing data both on resource use and patients' utility.
In acting as the agent of the patient, the physician offers medical advice designed to improve patients' overall well being, that is, to maximize patients' utility.
Second, the physician may be utilizing the physicians' discount rate for future health (rather than the patient's) in assessing the importance of future health risks on patients' utility.
Similar(48)
As part of a subsequent research protocol for an economic analysis we collected patient utilities utilizing the HUI MarkII/III [ 66- 68].
Estimates of utilities were based on actual patients' utilities using the health utility index [ 27].
Second, we lack empirical data on most of the variables used in the model, particularly on the patients' utilities.
In the utility results previously measured by Neumann et al. [ 7] using the Health Utility Index (HUI), AD patients' utilities decreased significantly with their severity levels.
To assess patients' utilities for health state outcomes after transhiatal or transthoracic oesophagectomy for oesophageal cancer and to investigate the patients' treatment preferences for either procedure.
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