Valuation of Health States

Valuation of health states is a way to measure how good or bad different health conditions are, from a missing the full health perspective. It assigns a numerical value, where 1 represents perfect health and 0 represents a health state equivalent to being dead. If a health state is less desirable, it might have a negative value. These valuations help health professionals and policymakers compare different treatments or conditions, guiding decisions on healthcare priorities and resource allocation. They are often derived from surveys where individuals rate or choose between health scenarios, ensuring the assessments reflect societal or individual preferences.