Posted by Michael Wonder on 14 Mar 2021
Discounting in economic evaluation of health care interventions: what about the risk term?
13 March 2021 - Results from economic evaluations of long-term outcomes are strongly dependent on the chosen discount rate.
A recent review of national guidelines for evaluation of healthcare interventions finds that “the level of currently used discount rates seems relatively high in many countries”.
However, this conclusion comes from a comparison to rates derived or observed for investments in safe assets, while rate of return requirements are typically considerably higher when investment involves risk.
