Study Set Content:
Voluntary workers
Medical costs
refer to thoseexperienced by patients’, family or society, as the loss of earnings or productivity resulting from patients’ illness.
Indirect costs
are attributed to the amount of suffering that occurs due to illness or healthcare intervention.
Intangible costs
Work incapacity
Indirect costs
Loss of earnings
Indirect costs
Psychological suffering
Intangible costs
Loss of leisure time
Indirect costs
Pain
Intangible costs
Premature death from disease
Indirect Costs
all the relevant cost and consequences experienced by the patient
Patient perspective:
concerned with the expenses of providing products or services
Provider perspective
government, third-party payers
Payer perspective
broadest of all perspectives that comprehensively evaluates all costs and consequences
Societal perspective
Also called ‘benefits’ or ‘consequences’, the outcomes are the expected healthcare or humanistic results from an intervention
Outcome parameters
as a result of idsease or treatment• survival/mortality • morbidity
Clinical
costs
Economic
patient preference/utilities, quality of life
Humanistic
Cost data from one or moresources often are combined with data from primary clinical studies, epidemiological studies, and other sources to conduct costeffectiveness analyses and other analyses that involve weighing health and economic impacts of health technology
Economic analysis methods
Economic analysis methods• answer concerns about: – () health care costs – pressures on health care policymakers to allocate () – the need for health product makers and other technology advocates to () the economic benefits of their technologies
rising, esources, demonstrate
a determination of the economic impact of an illness or condition (typically on a given population, region, or country) e.g., of smoking, arthritis, or diabetes,including associated treatment costs
Cost-of-illness analysis (COI)
