Economic Valuation of Health Services in the Basque Country

The aim of this work is to assign an economic value to health services in the Basque Country. For this purpose, a survey was conducted including a discrctc choice experiment. A Mixed Logit Model has been specified in order to analyze stated responses and obtain economic values. The results indicate that the highest valued attribute of current public health is medical care and that there is heterogeneity in the preferences of individuals with regard to the waiting time for specialist, intervention and hospital comfort. Groups of 'individuals with different preferences have also been identified, namely self employee. individuals with university degree and individuals with high income. The main contribution of this work has been to quantify in monetary terms the preferences of individuals with regard to health services in the Basque Country. This assessment could be used both in business and politics of public resource allocation.