Item | Estimates | Sensitivity on VSI |
|---|
(1) | (2) | (3) | (4) |
|---|
VSI | 33,016 | 10,000 | 20,000 | 40,000 |
Compensation for |
Time loss | 1876 | 1876 | 1876 | 1876 |
Death risk | 6179 | 6179 | 6179 | 6179 |
Quality risk | 4292 | 1300 | 2600 | 5200 |
Reservation price | 12,347 | 9355 | 10,655 | 13,255 |
Procurement costsa | 3426 | 3426 | 3426 | 3426 |
Total costb | 15,773 | 12,781 | 14,081 | 16,681 |
- aProcurement costs do not enter the individual compensation as it is not part of the reservation price
- bTotal cost when considering that procurement costs are not covered by the health insurance. (a) Risk of Death Component = Risk of Death × Value of a Statistical Life. According to data of the Catalan Transplant Foundation, the risk of death in a kidney extraction surgery is 0.045%. (b) Quality of life component = risk of a non-fatal complication × value of statistical injury. The risk of a non-fatal complication is 13%. (c) Value of time = monthly income × time of recovery. The time of recovery = 3 months. (d) Reference value for VSL = US$13,731,842. Reference value for VSI in table
