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48146
registered interest false more like this
date less than 2014-04-10more like thismore than 2014-04-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask Mr Chancellor of the Exchequer, in what circumstances he uses a calculation of the (a) value of preventing a fatality, (b) willingness to pay and (c) cost-per-quality adjusted life year approach to quantify the value of a policy intervention; what other tools he uses to quantify the benefit of a policy intervention; and if he will make a statement. more like this
tabling member constituency Eddisbury remove filter
tabling member printed
Mr Stephen O'Brien more like this
uin 196467 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-04-28more like thismore than 2014-04-28
answer text <p>The Green Book and associated supplementary guidance is publicly available on the Treasury web site. It sets out a range of approaches and methods that may be appropriate in a number of different appraisal circumstances. The valuation of preventing fatalities makes a contribution to the calculation of risk reduction in many situations and is used extensively by the Department for Transport among others. Department of Health policies are likely to impact on health and longevity. For the majority of these policies, the impacts will be quantified in terms of quality adjusted life years. The cost of producing a quality adjusted life year is used as part of the appraisal and evaluation of alternative health investments.</p> more like this
answering member constituency Inverness, Nairn, Badenoch and Strathspey more like this
answering member printed Danny Alexander more like this
question first answered
remove filter
answering member
1535
label Biography information for Danny Alexander more like this
tabling member
427
label Biography information for Mr Stephen O'Brien more like this