Aside from you girls bitching at each other, the NHS looks at the cost effectiveness of treatments in terms of Quality adjusted life years, the last time I was aware £26000 per year being seen as cost effective.
The below is taken from a presentation I use
The Quality Adjusted Life Year (QALY) has been created to combine the quantity and quality of life. The basic idea of a QALY is straightforward. It takes one year of perfect health-life expectancy to be worth 1, but regards one year of less than perfect life expectancy as less than 1. Thus an intervention which results in a patient living for an additional four years rather than dying within one year, but where quality of life fell from 1 to 0.6 on the continuum will generate:-
Intervention gives 4 years extra life @ 0.6 quality of life = 2.4
Without intervention = 1 year @ reduced quality (1 – 0.6) = 0.4
Therefore QALYs generated by the intervention = 2.4 – 0.4 = 2.0
In terms of cost effectiveness to the NHS the top three interventions are as follows (primary and secondary care)
1. Childhood vaccinations
2. Hip replacements
3. CPAP for obstructive sleep apnea (my industry).
A large number of the things mentioned in this thread so far e.g IVF, many form of transplantation (given long term anti rejection therapy), gender surgery are not cost effective but have been establised in the NHS repetoire prior to NICE so are difficult to subsequently reverse.