L08-Measurement of outcomes and costs of economic analysis Flashcards
What are the advantages and disadvantages of using clinical outcomes for economic evaluation?
Advantages-often measured in clinical studies and are easily understood
Disadvantages-Lack comparability between different disease areas
What is a QALY?
Quality assessed life year- Combines length and quality of life into a single unit
What is the scale for qalys?
Quality of life is measured on a scale of maximum 1 and minimum 0 (equivalent to death) then this is combined with the number of years survived
What are the advantages and disadvantages of qalys?
Advantages-takes into account quality and length of life and can compare diseases
Disadvantages-Qalys is a unit irrespective of person or factors, questionnaires can be insensitive
What is the difference between direct cost and indirect cost of diseases?
Direct costs are cost incurred by the patient such as tests and drugs as well as non health resources such as patient transportation and informal care.
Indirect costs are costs incurred to society such as lost production from the person being unable to work.
What are the 5 dimensions of the QALY questionairre?
Mobility Self care Pain/discomfort Anxiety/Depression Usual activities