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Every citation below has been checked against PubMed: authors, journal, year, volume,
pages and PMID. Where a slide or widget uses a constructed example it says so on the
slide, and those are not listed here.
Core text
Drummond MF, Sculpher MJ, Claxton K, Stoddart GL, Torrance GW.
Methods for the Economic Evaluation of Health Care Programmes. 4th ed. Oxford: Oxford
University Press; 2015.
- Ch. 1 Introduction to Economic Evaluation (pp. 1–19) → Session 2
- Ch. 2 Making Decisions in Health Care (pp. 19–41) → Session 6
- Ch. 4 Principles of Economic Evaluation (pp. 77–123) → Sessions 3, 5 and 8
The 4th edition renumbers chapters relative to the 3rd. If you are reading a 3rd-edition
copy, the Chapter 4 material sits mostly in its chapters 3 and 4.
Session 2 — What economic evaluation is
The policy decision we open with
- Press Information Bureau, Government of India. Cervical Cancer Vaccination
Campaign launched. 28 February 2026 (PRID 2234009).
Single-dose quadrivalent HPV vaccine for girls aged 14, about 1.15 crore girls a
year, free at government facilities, introduced into the national routine immunisation schedule
with GAVI support. Burden figures cited from GLOBOCAN 2022: over 120,000 new cervical cancer cases
and about 80,000 deaths a year in India, roughly 25% of global cervical cancer deaths.
One disease, six study designs
The four types of full economic evaluation
- CMA Minakaran N, Morjaria P, Frick KD, Gilbert C.
Cost-minimisation analysis from a non-inferiority trial of ready-made versus custom-made spectacles
for school children in India. Ophthalmic Epidemiol 2021;28(5):383–91. PMID 33256485
- CEA Esposito DH, Tate JE, Kang G, Parashar UD. Projected
impact and cost-effectiveness of a rotavirus vaccination program in India, 2008.
Clin Infect Dis 2011;52(2):171–7. PMID 21288839
- CUA Chauhan 2020 (above), and Gupta N, Verma RK, Gupta S, Prinja S.
Cost effectiveness of trastuzumab for management of breast cancer in India.
JCO Glob Oncol 2020;6:205–16. PMID 32045547
- CBA Rare in health. See Drummond ch. 1, and the CBA chapter of the 4th
edition, for why.
Quality of the Indian evidence base
- Prinja S, Chauhan AS, Angell B, et al. A systematic review of the state of
economic evaluation for health care in India. Appl Health Econ Health Policy
2015;13(6):595–613. PMID 26449485
Session 6 — Thresholds, opportunity cost and budget impact
Where the threshold comes from
- Chugh Y, Jyani G, Kar SS, Patro BK, Trivedi M, Albert S, Raman S, Rajsekar K, Prinja S;
India cost-effectiveness threshold (CET) estimation study group. Estimating the
willingness-to-pay per quality-adjusted life-year to aid health technology assessment in India.
Value Health 2026;29(3):457–66. PMID 41176029
India's first empirical WTP per QALY. 5,460 respondents across six states,
21,640 observations, 12 hypothetical health states, time trade-off plus willingness to pay, gains
discounted at 3%. Mean weighted ₹2,12,307 (US$2,535); range across health states ₹1,70,414 to
₹2,58,985; equivalent to 1.0 to 1.52 times GDP per capita. Read the limitations section, because
this is a demand-side estimate.
- Woods B, Revill P, Sculpher M, Claxton K. Country-level cost-effectiveness
thresholds: initial estimates and the need for further research. Value Health
2016;19(8):929–35. PMID 27987642
The supply-side counterpart. Opportunity-cost-based thresholds of 1 to 51% of
GDP per capita for the countries modelled. Conclusion: routinely used thresholds have been too
high.
- Bertram MY, Lauer JA, De Joncheere K, Edejer T, et al. Cost-effectiveness
thresholds: pros and cons. Bull World Health Organ 2016;94(12):925–30. PMID 27994285
WHO-affiliated authors on why the 1 to 3 times GDP per capita rule should not be
used as a decision rule.
- Marseille E, Larson B, Kazi DS, Kahn JG. Thresholds for the cost-effectiveness of
interventions: alternative approaches. Bull World Health Organ 2015;93(2):118–24. PMID 25883405
League tables
- Shah K, Singh M, Kotwani P, Tyagi K, Pandya A, Saha S, Saxena D, Rajshekar K.
Comprehensive league table of cost-utility ratios: a systematic review of cost-effectiveness
evidence for health policy decisions in India. Front Public Health 2022;10:831254. PMID 36311623
79 studies, 2003 to 2019. 70% reported DALYs and 30% QALYs; 73% discounted at
3%, 4% at 5%, and 23% did not discount at all; sensitivity analysis in 73%, budget impact in only
18%. Read it for the methodological heterogeneity as much as for the table.
A published threshold, and what happens when it moves
- NICE. Changes to NICE's cost-effectiveness thresholds confirmed. 1 December 2025.
nice.org.uk
£20,000 to £30,000 per QALY becomes £25,000 to £35,000 from April 2026. NICE
estimates 3 to 5 additional medicines or indications a year. A new EQ-5D-5L value set was announced
alongside.
- Vallejo-Torres L, Edney LC, Espinosa O, Karnon J, Longo F. Politicised changes to
the NICE threshold risk making cost-effectiveness analysis performative, not informative.
Appl Health Econ Health Policy 2026;24(2):243–6. PMID 41513890
Short, sharp, and the best thing to hand anyone who thinks thresholds are a
technical matter.
HTAIn
- HTAIn, Department of Health Research, Ministry of Health and Family Welfare.
htain.icmr.org.in
HTAIn is an attached office of the Department of Health Research. Governance
(Board, Technical Appraisal Committee, Secretariat, Regional Resource Centres) and the
topic-to-recommendation process. The Resource Centre network has grown steadily, so check the site
for the current list rather than quoting a number.
- Neethi Mohan V, Muraleedharan VR, Subramanian R. Insights and implications: an
analysis of the studies undertaken by Health Technology Assessment in India (HTAIn).
Health Res Policy Syst 2025;24(1):2. PMID 41316276
Background reading, not taught from a slide. 33 published HTAIn studies rated
against Drummond's checklist and the Indian Reference Case; equity and heterogeneity fared worst.
Recommends a formal topic-selection framework and identifying areas for disinvestment. The analysis
covers studies published up to its own cut-off and HTAIn output has grown well beyond that since,
so read the proportions as a snapshot rather than a current description.
- Sharma D, Prinja S, Aggarwal AK, Rajsekar K, Bahuguna P. Development of the
Indian Reference Case for undertaking economic evaluation for health technology assessment.
Lancet Reg Health Southeast Asia 2023;16:100241. PMID 37694178
Analysis is not the decision
- Dixit J, Prinja S, Jyani G, et al. Evaluating efficiency and equity of prevention
and control strategies for rheumatic fever and rheumatic heart disease in India: an extended
cost-effectiveness analysis. Lancet Glob Health 2023;11(3):e445–55. PMID 36796988
- Arora S, Tuffaha H. Cost-effectiveness analysis of human papillomavirus vaccines
for the prevention of cervical cancer in India. Asia Pac J Clin Oncol 2024;20(1):55–62. PMID 37132538
Cost per DALY averted, healthcare perspective: nonavalent US$362.78,
quadrivalent US$393.16, bivalent US$432.24. The nonavalent dominated the others assuming a constant
price per dose, an assumption doing a great deal of work. India launched with the
quadrivalent.
Sessions 3, 5 and 8 — Framing, outcomes, and handling uncertainty
The spine
- Sharma D, Prinja S, Aggarwal AK, Rajsekar K, Bahuguna P. Development of the
Indian Reference Case for undertaking economic evaluation for health technology assessment.
Lancet Reg Health Southeast Asia 2023;16:100241. PMID 37694178
Twelve recommendations on eleven principles. Open access, and the recommendation
boxes are short and unusually clear. Summarised as a one-page form in the
appraisal checklist.
Measuring outcomes
- Jyani G, Sharma A, Prinja S, Kar SS, et al. Development of an EQ-5D value set for
India using an extended design (DEVINE) study: the Indian 5-level version EQ-5D value set.
Value Health 2022;25(7):1218–26. PMID 35779943
India's own EQ-5D-5L tariff. Applying a UK value set to Indian patients is now an
avoidable flaw.
- Jyani G, Yang Z, Sharma A, Goyal A, et al. Evaluation of EQ-VT designs to
generate national value sets: learnings from the DEVINE study. Med Decis Making
2023;43(6):692–703. PMID 37480281
Methods companion, for anyone doing valuation work.
Costing in India
- National Health System Cost Database for India (NHSCD).
healtheconomics.pgisph.in/costing_web
Check here before planning primary data collection.
- Prinja S, Chauhan AS, Bahuguna P, et al. Cost of delivering secondary healthcare
through the public sector in India. Pharmacoecon Open 2020;4(2):249–61. PMID 31468323
- Prinja S, Gupta A, Verma R, Bahuguna P, et al. Cost of delivering health care
services in public sector primary and community health centres in North India. PLoS One
2016;11(8):e0160986. PMID 27536781
- Singh MP, Prinja S, Rajsekar K, et al. Cost of surgical care at public sector
district hospitals in India. Pharmacoecon Open 2022;6(5):745–56. PMID 35733075
Worked examples used in the slides
- Chauhan AS, Prinja S, Srinivasan R, et al. Cost effectiveness of strategies for
cervical cancer prevention in India. PLoS One 2020;15(9):e0238291. PMID 32870941
Markov model, societal perspective, lifetime horizon, primary Indian cost and
quality-of-life data. The best single methods read in this list.
- Gupta N, Verma RK, Gupta S, Prinja S. Cost effectiveness of trastuzumab for
management of breast cancer in India. JCO Glob Oncol 2020;6:205–16. PMID 32045547
The uncertainty example. 1.29 QALYs at ₹1,78,877 per QALY with a 4% probability
of being cost-effective using HERA estimates; 1.69 QALYs at ₹1,34,413 with 57.3% using the joint
NSABP/NCCTG analysis; 90% with a 15 to 35% price cut.
- Esposito DH, Tate JE, Kang G, Parashar UD. Projected impact and
cost-effectiveness of a rotavirus vaccination program in India, 2008. Clin Infect Dis
2011;52(2):171–7. PMID 21288839
One-way sensitivity analysis in which vaccine price and efficacy against severe
disease dominated everything else.
- Chugh Y, Dhiman RK, Premkumar M, Prinja S, et al. Real-world cost-effectiveness
of pan-genotypic sofosbuvir–velpatasvir versus genotype-dependent regimens for hepatitis C in
Punjab's universal coverage scheme. PLoS One 2019;14(8):e0221769. PMID 31465503
A well-conducted state-level Indian cost-utility analysis, useful as a second
appraisal paper.
If you read only three things
- Drummond ch. 1. Nineteen pages, and it settles the classification question for good.
- Sharma 2023, the Indian Reference Case. The standard your own work will be judged against, and short.
- Gupta 2020, trastuzumab. The clearest demonstration in the Indian literature of why a point-estimate ICER is not enough.
And if you read a fourth: Chauhan 2020 in PLoS One, an
Indian cost-utility analysis, well conducted, on a decision that was actually taken. Read the methods,
not just the abstract.