A Novel Alternative to the QALY
Published October 28, 2024
The Alliance for Aging Research and others have pointed out the many shortcomings of using the discriminatory Quality Adjusted Life Year (QALY) metric, and the Centers for Medicare & Medicaid Services (CMS) has committed to not using it. To fill the need for transparent and sound methodology, the Alliance for Aging Research, in partnership with Milliman, has developed a new, reasonable, and practical alternative using real-world evidence — Standard of Living Valuation (SoLV). Read a one-pager on the report.