The National Institute for Health and Clinical Excellence (NICE) has published the second edition of Social Value Judgements: Principles for the Development of NICE Guidance. The guidance describes the principles that NICE should follow in designing the processes it uses to develop its guidance and in developing individual pieces of guidance. It is mainly about the judgements that NICE and its advisory bodies should apply when making decisions about the effectiveness and cost effectiveness of interventions, especially where such decisions affect the allocation of NHS resources.
The updated NICE guidance can be downloaded here.