Decision Rulesevidence: highv1.0.0
Willingness to Pay Threshold
The maximum cost per QALY that a decision-maker considers acceptable for a new healthcare intervention.
Definition
The willingness-to-pay (WTP) threshold represents the value a healthcare system places on one additional QALY. In England and Wales, NICE's standard threshold range is £20,000–£30,000 per QALY. Interventions with an ICER below the threshold are typically considered cost-effective. The threshold is sometimes described as the cost-effectiveness threshold or the lambda value.
Canonical Identity
- Authority
- https://www.darrinbaines.org
- Version
- 1.0.0
- Published
- 4/26/2026
- Structured Data
- View JSON-LD →