Severity shortfall function
s(Q_h,Q_c) = (AS,PS)
Maps the remaining discounted QALYs expected for an age- and sex-matched general population, and for people with the condition under current NHS care, to absolute and proportional QALY shortfall. NICE uses whichever measure implies greater severity to set a weight on the incremental QALYs of a new technology.
Absolute and proportional QALY shortfall
AS = Q_h - Q_c; PS = (Q_h - Q_c) / Q_h
Discounted general-population QALYs from a life table
Q_hs = sum_(t=0)^T [L_t * U_t / (1 + r)^t]
Severity QALY weight from the shortfall bands
w = 1 + 0.2 * ((AS >= 12) or (PS >= 0.85)) + 0.5 * ((AS >= 18) or (PS >= 0.95))