everything & nothing Flashcards
malaria vaccines
- RTS, S/AS01 vaccine (4 doses from ~5months of age)
- R21/Matrix-M vaccine
economics definition
economics as a discipline is concerned with choices. choices about what to do with scarce resources which have multiple uses
health economics definition
is the branch of economics concerned with issues related to the production and consumption of health and healthcare, including efficiency, effectiveness, equity, value and behaviour
economic evaluation definition
the comparative analysis of alternative courses of action in terms of both their costs and consequences
health related quality of life definition
a multi-dimensional concept that includes domains related to physical, mental, emotional, and social functioning
definition of ICER (incremental cost-effectiveness ratio)
it is a measure of cost-effectiveness of an intervention when compared to another (even if that be ‘do nothing’)
definition: patient costs
costs associated with healthcare that are borne by the patient. these are typically separated into direct medical costs, direct non-medical costs and indirect costs (lost time)
what is cost-effectiveness analysis (CEA)
costs expressed in monetary units, and effect can be any measure of health, often a natural measure of health eg premature deaths averted
CEA
costs are measured in terms of money compared to health benefits they provide eg how many premature deaths are prevented
cost-utility analysis CUA
can be considered as a ‘sub-case’ of CEA (often used interchangeably), with costs again expressed in money, but the health effect is a generic measure of health gain (eg QALY, DALY)
Cost-benefit analysis (CBA)
both costs and outcomes expressed in monetary items
ICER incremental cost effectiveness ratio
is used to summarise the relative cost-effectiveness of one health intervention compared to another (even if this is ‘do nothing’). it is calculated by dividing the incremental costs by the incremental effects
ICERs
are compared to a cost-effectiveness threshold to determine if an intervention is cost-effective ‘i.e. value for money’. when a generic measure of outcome is used (eg qaly or daly) an intervention can be compared with those made elsewhere in the system
ICER
cost of int A - cost of int B divided by effect of int A - effect of int B
QALY & DALY
are generic measures of health, which combine both morbidity and mortality in a single measure. such measures are necessary to allow the comparison of interventions across the health system, essential for the fair allocation of health resources
calculation of QALYs & DALYs
- health is characterized into individual defined ‘health states’
- each state is assigned a numeric value, quantifying the experience of living state
- estimates of life expectancy with and without the condition(s) are then factored in Dalys Qalys
DALY - disability-adjusted life-year
- measure of health lost/disease burden- i.e. dalys are undesirable
- ‘off-the-shelf’ disability weights (0-1) for different diseases/conditions- comprehensive list published by ‘GBD’
- much more commonly used in LMICs
- daly = years of life lost due to mortality (yll) + years lost due to disability (yld)