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What does QUALY stand for?

QUALY stands for Quality-Adjusted Life Year (health policies, insurance)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Science, medicine, engineering, etc.
  • Business, finance, etc.

Samples in periodicals archive:

The method, called quality-adjusted life years (QALY), fails to reflect personal differences about medical outcomes, they said.
RELATED ARTICLE: VITALS Major Finding: Coronary artery bypass surgery in patients with diabetes and multivessel disease had an incremental cost-effectiveness ratio of $8,132 per quality-adjusted life year gained.
The researchers collected data from 824 participants over a 12-month period, and measured their quality-adjusted life years (QALYs), a measure of the quality and quantity of life added by an intervention.
This reduction in disease would have resulted in a net savings of $1,671,387 for chlamydia and $4,163,534 for gonorrhea, and a combined gain of 453 quality-adjusted life years.