Measuring intangibles is challenging because they are not directly quantifiable. However, several approaches can be used:
Health-Related Quality of Life (HRQoL): This involves using instruments like the SF-36 or EQ-5D to measure the impact of health interventions on an individual's overall well-being. Willingness to Pay (WTP): This economic method estimates the monetary value individuals place on health improvements or risk reductions. Cost-Effectiveness Analysis (CEA): This approach compares the relative costs and outcomes of different health interventions, often using metrics like Quality-Adjusted Life Years (QALYs).
