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9 Cards in this Set
- Front
- Back
Econ evaluation is used in health care to: 1 2 3 4 |
1. maximise benefits 2. overcome regional variations in access 3. contain costs and manage demand 4. negotiate prices |
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Factors other than cost-effectiveness in evaluation: |
need for health care equity process of care ethical imperatives |
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Disadvantages of need-based priority setting: |
does not account for impact that different interventions have |
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Three ways to use econ eval as an aid for decision making |
1. cost-effectiveness league tables 2. programme budgeting and marginal analysis (PBMA) 3. cost-effectiveness thresholds |
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Problems with league tables: lack of consistency... |
in method used to calculate ICERs |
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PBMA: pragmatic approach - involves assigning ... in term of the ... |
costs to programmes types of output produced |
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Cost-effectiveness thresholds - reflect... |
the maximum amount the decision maker willing to pay for an additional QALY |
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Thresholds based on: ... or ... |
society's WTP for health gain to maximise the health benefit from a given budget |
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Threshold may also include a consideration of |
uncertainty surrounding the value of the ICER |