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The NICE Cost Effectiveness Threshold: What it is and What that Means

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Figure

Fig. 1. Relationship between cost effectiveness and probability ofrejection (reproduced from Rawlins and Culyer[5]).
Fig. 2. The National Institute for Health and Clinical Excellence as athreshold searcher (reproduced from Culyer et al.,[8] with permis-sion).
Fig. 3. Threshold and health gain (reproduced from Claxton et al.[19]). P* = maximum price the NHS can afford or the value of thetechnology

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