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Table 5 Value of life in Japan

From: Resource allocation in public sector programmes: does the value of a life differ between governmental departments?

No

Area

Source

Relevance

Type of estimate

Stated value (Â¥)

Year

2019/2020 Value* (Â¥)

VOLY (Â¥)

VSL (Â¥)

QALY (Â¥)

1

Health

MHLW

Price adjustment threshold for ‘normal’ treatments

QALY

5,000,000–10,000,000

2019

5,000,000–10,000,000

4,599,800–9,199,600

158,701,235–317,402,469

5,000,000–10,000,000

2

Health

MHLW

Price adjustment threshold for products with ‘special considerations’

QALY

7,500,000–15,000,000

2019

7,500,000–15,000,000

6,899,700

13,799,400

238,051,852

476,103,704

7,500,000–15,000,000

3

Transport

Cabinet Office Morisugi et al

Estimates in relation to road accidents

VSL

226,000,000–462,000,000

2007

226,000,000–462,000,000

7,739,790–15,822,049

226,000,000–462,000,000

8,413,152–17,198,567

4

Environment

Itaeka et al

Estimates in relation to air pollution

VSL

103,000,000–344,000,000

1999

103,000,000–344,000,000

3,527,427–11,780,920

103,000,000–344,000,000

3,834,313–12,805,860

  1. *Values were only updated to 2019/2020 values if they were not already up to date, and if guidance suggests that this is required/appropriate. Only the values in italics were adjusted. Values in bold are the original values, after adjustments. A discount rate of 1.5% and life expectancy of 81.1 were used in calculations. All values are in local currency