Pharmacoeconomics Flashcards
1
Q
what types of costs there are
A
direct costs which can be grouped into medical and non-medical
indirect costs
intangible costs
other societal costs
2
Q
what is economic evaluation and what it is used for
A
it is a way of thinking which is backed up by a set of tools that are designed to improve the value for money from investments in health care and welfare
EE compares the costs and consequences of two or more alternative health interventions
3
Q
how to conduct a pharmacoeconomic evaluation
A
1) define the pharmacoeconomic problem
2) identify the appropriate pharmacoeconomic method to employ e.g CMA, CBA, CEA, CUA
3) place a monetary value on treatment alternatives and outcomes
4) identify probabilities that outcomes may occur
5) employ decision analysis
