New simulation finds max cost for cost-effective health treatments

New simulation finds max cost for cost-effective health treatments Science Daily As health care costs balloon in the U.S., experts say it may be important to analyze whether those costs translate into better population health. A new study led by a Penn State researcher analyzed existing data to find a dividing line — or "threshold — for what makes a treatment cost-effective or not. David Vanness, professor of health policy and administration, led a team of researchers that created a simulation to consider health care treatment costs, insurance premiums, quality of life, and life expectancy to explore whether a treatment delivers enough value for its costs to be considered beneficial for population health.   READ MORE