The cost of adding one more year of life to someone who is dying of coronavirus is more than five times higher than the maximum the NHS can spend on other illnesses, according to a statistician.
- The cost of adding one more year of life to someone who is dying of coronavirus is more than five times higher than the maximum the NHS can spend on other illnesses.
- Professor Simon Wood has calculated that it costs approximately £180,000 per extra year of life to rescue a dying Covid-19 patient.
- NHS watchdog will only spend up to £30,000 per year of life on any new treatment, deeming any higher cost a bad cost-to-benefit ratio.
- Many people left in worse physical or mental health, or in poverty, as a result of policies brought in to slow down Covid-19 could see years chopped off their life expectancy.
- The Office for Budget Responsibility predicted the UK’s national debt would grow by £550billion next year as a result of spending during the epidemic.
- The National Institute for Health and Care Excellence (NICE), which makes decisions on which drugs are good value for the NHS, considers £30,000 to be at the upper end of its good value limit.
- Statistical organisations across the UK, meanwhile, suggest that there have been around 59,000 ‘excess deaths’ during the epidemic, which includes people who died of Covid-19 but never tested positive, as well as those who died because of indirect effects of lockdown, such as being unable to get hospital care.