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. 2014 Oct 21;31(10):1095–1108. doi: 10.1007/s12325-014-0160-6

Table 1.

Variables, formulae, input values, and output results to calculate the ICER, the cost neutral price (Pn), and the maximum price of a new intervention (Pm) using a hypothetical model

Variable Formula Input Output
CostDNV $60
CostDv CostDNV × (1 − VaccineEffect) $6
CostV at Pn CostDNV − CostDv $54
E NV 0.00031
E V E NV × (1 − VaccineEffect) 0.000031
ICER (=y) at Pn ((CostDv + CostV) − CostDNV)/(E NV − E V) $0
VaccineEffect 0.9
a 1/(E NV − E V) 3,584.23
b (CostDv − CostDNV)/(E NV − E V) –193,548.39
y a × Pn + b $0
Threshold value $40,000/E
Maximum price/course (Pm) (40,000 − b)/(a) $65.16

a slope of the linear regression, b intercept, CostD NV initial disease-related cost in the absence of vaccination (no vaccine), CostD v remaining disease-related cost with vaccination, CostV vaccine cost; E effect unit (life-year gained), E NV health losses without vaccination (no vaccine), E V remaining health losses (effects) with vaccination, ICER incremental cost-effectiveness ratio, Pm maximum price, Pn cost neutral price