So what is one WELLBY? It’s a one-point increase on a 0-10 life satisfaction scale for one year.
By this I assume you mean 1 WELLBY a 1-point increase in the self-reported measure itself (maintained over the course of the year). Is that it?
If so, how can I compare maks the similar ‘adjustments’ like for QALY.
On the QALYs, a year at 0.5 health utility are worth half as much as at 1 health utility, because of the adjustment for quality.
How would something similar work for a WELLBY? If it’s just the numeric self reported well-being, it shouldn’t imply anything like ‘a year at WELLBY= 8 is worth twice as much as a year at WELLBY-4’, should it? I assume there is another way this is done.
Thanks. When you say
By this I assume you mean 1 WELLBY a 1-point increase in the self-reported measure itself (maintained over the course of the year). Is that it?
If so, how can I compare maks the similar ‘adjustments’ like for QALY.
How would something similar work for a WELLBY? If it’s just the numeric self reported well-being, it shouldn’t imply anything like ‘a year at WELLBY= 8 is worth twice as much as a year at WELLBY-4’, should it? I assume there is another way this is done.