ICER and cost-effectiveness verdict
Incremental cost per QALY gained, compared with a willingness-to-pay threshold.
ICER = (Cost_new − Cost_comp) ÷ (QALY_new − QALY_comp)
Linked module: Economic evaluation: costs, QALYs and the ICER
Incremental cost
SAR 90,000
Incremental QALYs
0.45
ICER per QALY
SAR 200,000
Above the threshold
The ICER is a model output. Check the horizon, perspective, discount rate and the certainty of the effect estimate before using it.