Cost-effectiveness decision modelling in social care: exploring the why, the how, and the what next

Huo, Dacheng, Hinde, Sebastian, Bojke, Laura, Bauer, Annette ORCID: 0000-0001-5156-1631 and Weatherly, Helen (2025) Cost-effectiveness decision modelling in social care: exploring the why, the how, and the what next. NIHR Open Research, 5. p. 9. ISSN 2633-4402

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Abstract

Context In social care research economic evaluation has had limited impact, in contrast to other health related areas. However, increasing research funding and policy interest is occurring, including regarding the role of cost-effectiveness decision modelling. Objectives We explore why cost-effectiveness decision modelling is informative in a social care setting, how it can and has previously been implemented, and what next steps are needed to ensure consistent, robust, and informative models are produced to inform social care decisions. Method This paper consists of an overview of the theoretical added value of cost-effectiveness decision modelling in a social care setting, alongside a literature search summarising the key features of decision models in the current published and grey literature. Findings Cost-effectiveness decision modelling in social care is relatively undeveloped with only a few examples identified and minimal methodological research in the area. These studies varied greatly in the approaches taken but demonstrate the practicality and value of decision modelling. Limitations The pragmatic approach to the literature review may have missed some existing decision models but we consider the findings to be appropriate. Implications Cost-effectiveness decision modelling has the potential to play an important role in informing effective, consistent, and transparent decision-making processes in social care. However, methodological developments are needed to standardise the approaches taken.

Item Type:	Article
Additional Information:	© 2025 The Author(s)
Divisions:	Care Policy and Evaluation Centre
Subjects:	H Social Sciences R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
Date Deposited:	06 Feb 2025 11:09
Last Modified:	01 Mar 2025 04:25
URI:	http://eprints.lse.ac.uk/id/eprint/127191

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