Cost and Value in Health Care Flashcards
1
Q
Give examples of decision making bodies that decide which drugs and treatments should be available on the NHS?
A
NICE (National Institute for Health and Care Excellence)
SMC (Scottish Medical Council)
2
Q
What is meant by opportunity costs?
A
Resource scarcity means every use of resources involves giving up other opportunities - loss of benefits elsewhere
3
Q
What does QALY refer to?
A
Quality adjusted life year
4
Q
What does DALY refer to?
A
Disability adjusted life year
