Green Book Reduced Long Term Health Discount Rate

One of a set of functions that can be passed to argument r in the calculate_dQALY function, that implement common discounting regimes. Passing r_lt_health_reduced to calculate_dQALY means choosing to apply the Green Book recommended rate reduced by excluding pure social time preference (relevant if intervention may effect substantial/irreversible wealth transfers between generations) when calculating QALY loss due to death.

Usage

r_lt_health_reduced(x)

Arguments

x

[numeric]

Number of years into the future.

Value

[numeric]

Discount rate x years the future.

Details

See also functions r_none, r_default, r_health, r_lt_health.

Examples

r_lt_health_reduced(10)
#> [1] 0.01
r_lt_health_reduced(50)
#> [1] 0.0086
r_lt_health_reduced(100)
#> [1] 0.0071