Examining Psychologist Prescriptive Authority as a Cost-Effective Strategy for Reducing Suicide Rates.

ABSTRACT: Six states (NM, LA, IL, IA, ID, CO) grant prescriptive authority to qualified psychologists, and research has shown that these policies are associated with a reduction in suicides. In this study, we assess the cost-effectiveness of these policies in reducing suicide rates. This study used a Markov Model with a time horizon of 20 years to estimate the incremental net monetary benefit (INMB) of the policy from the societal perspective with a simulated cohort of 100,000 people. Transition probabilities and utilities were collected from the literature, and costs were assessed using a mixed macro-micro costing approach. Using this approach, we found that the 20-year INMB for the policy was estimated to be $12.81 million ($USD) per quality-adjusted life year (QALY). The probability of cost-effec

SUBMITTER: Hughes PM 

PROVIDER: S-EPMC10395318 | biostudies-literature | 2023 Aug

REPOSITORIES: biostudies-literature