This document summarizes a study exploring how currently experiencing a health state may affect how that health state is valued. The study compares ratings from an "experience-based" group who are currently in a given health state to a "non-experience-based" group who are not currently in that state. Preliminary results show some health states are rated slightly higher when experienced, though differences are small and not seen for all states. Larger datasets will be needed to further analyze how experience may influence health state valuations.