Cost Benefit Analysis
(asked on 25th February 2025) - View Source
Question to the HM Treasury:
To ask His Majesty's Government what in their guidance for cost-benefit analysis is the current monetary value of a life year.
This question was answered on 11th March 2025
The Green Book provides a figure of £70,000 for the value of a Quality-Adjusted Life Year (QALY). This is expressed in 2020-21 prices.