Table 2 Value of life in the UK
No | Area | Source | Relevance | Type of estimate | Stated value (£) | Year | 2019/2020 Value* (£) | VOLY (£) | VSL (£) | QALY (£) |
|---|---|---|---|---|---|---|---|---|---|---|
1 | Health | NICE | Threshold used to assess ‘normal’ treatments | QALY | 20,000–30,000 | 2013 | 20,000–30,000 | 18,399–27,599 | 663,351–995,027 | 20,000–30,000 |
2 | Health | NICE | Threshold used to assess ‘end-of-life’ treatments**** | QALY | 50,000 | 2013 | 50,000 | 45,998 | 1,658,378–3,316,756 | 50,000 |
3 | Health | NICE | Threshold used to assess ‘highly specialised technologies’ | QALY | 100,000–300,000 | 2017 | 100,000–300,000 | 91,996–275,988 | 3,316,756–9,950,268 | 100,000–300,000 |
4 | Health | HM Treasury | Health-related appraisal (Green Book) | QALY | 60,000 | 2018 | 60,000 | 55,198 | 1,990,054 | 60,000 |
5 | Health | HM Treasury | Health-related appraisal (Green Book) | QALY | 70,000** | 2022 | 70,000 | 64,397 | 2,321,729 | 70,000 |
6 | Health | DHSC | Adopted in relevant Impact Assessments | QALY | 15,000*** | 2016 | 15,000 | 13,799 | 497,513 | 15,000 |
7 | Transport | HM Treasury/DfT | Social cost–benefit analysis (Green Book) | VPF | 2,064,189 | 2020 | 2,064,189 | 67,650 | 2,064,189 | 73,535 |
8 | Environment | Defra | Valuing life lost due to chronic effects of air pollution | VOLY | 42,780 | 2017 | 45,343 | 45,343 | 1,383,543 | 49,288 |
9 | Environment | Defra | Valuing life lost due to acute effects of air pollution | VOLY | 22,110 | 2017 | 23,435 | 23,435 | 715,068 | 25,474 |
10 | Other | HM Treasury | Social cost–benefit analysis (Green Book) | SLY | 60,000 | 2018 | 60,000 | 60,000 | 1,830,770 | 65,220 |