What Is a Life Worth?

QALY stands for the quality of an adjusted life year. It is a ratio that economists use to determine the quality and quantity of life in order to ascertain the cost of medical interventions. But, as IMF Chairman Dr. Brian Durie asks, where do these numbers come from? In his blog this week, Dr. Durie calls for regulatory agencies to respect patients' rights to the best care possible by not assessing them based on an arbirtrary number such as QALY.

Source: International Myeloma Foundation - May 20, 2016 Category: Hematology Source Type: news