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Cost-Benefit Analysis Of Long-Term Haemodialysis For Chronic Renal Failure
M. J. Buxton and R. R. West
The British Medical Journal
Vol. 2, No. 5967 (May 17, 1975), pp. 376-379
Published by: BMJ
Stable URL: http://www.jstor.org/stable/20473072
Page Count: 4
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A cost-benefit analysis of long-term maintenance haemodialysis indicates that there is a large gulf between the cost of the service and "economic" benefit. The difference may be considered to represent one estimate of the price society is prepared to pay to maintain life. Using "best estimates" from available data we found the implicit social value of maintaining a patient on haemodialysis to be approximately £4720 per annum in hospital or £2600 at home. The analysis would suggest that society must look carefully at alternative uses for health expenditure before extending indiscriminately to large sections of the population these treatment programmes or others similarly expensive.
The British Medical Journal © 1975 BMJ