RESP - A. HEALTH ECONOMICS-COVERED Flashcards

1
Q

what is an economic evaluation

A
  • compares the costs and benefits of 2 or more alternative interventions (drugs)
  • inputs (costs of drugs, time used)
  • outputs (benefits)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

what are the 4 outcome categories used

A
  1. effectiveness
  2. quality of life
  3. utility
  4. expressing benefits as monetary value (willingness to pay)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Effectiveness

A
  • the outcome of an intervention or service measured in natural units

ie
- cases successfully diagnosed or treated
- mortality
- life years saved
- life years gained

can use clinical indicators
- pain free days
- change in infection rate
- % reduction in blood pressure
- effect on nausea and vomiting frequency

  • efficacy: how well drug performs when all other areas controlled
  • effectiveness: patient have co-morbidities, will forget meds etc
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Quality of life

A
  • value attached by public for a specific level of health status or a specific health outcome

factors affecting impact on QoL:
- functional: day-to-day tasks
- social: see friends
- psychological: pain, depression
- cognitive: to think logically
- subjective: carry out things you are thinking

QoL divided into:
1. generic: b/n 2 different interventions used on 2 different disease states
ie: short form - 36 health survey

  1. disease specific: used for comparing 2 interventions on same disease
    ie: arthritis impact measurement scale for rheumatoid arthritis
    grip strength and morning stiffness
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Utility

A
  • value attached by an individual for a specific level of health stated or a specific health outcome
  • Quality adjusted life year (QALY) used
  • combines morbidity (quality of life) with mortality (quantity of life)
  • 1 QALY = 1 year of life in perfect health
  • general public best to put a utility value on something - no bias
  • ie: difference is utility lost by having pneumonia or, the utility gained by the cure
  • can be <0 if fate is worse than death
  • EQ-5D has 5 dimensions:
    mobility
    self-care
    usual activities
    pain/discomfort
    anxiety/depression
    3 levels per dimension
    3^5 + death + unconscious possible health states = 245
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Willingness to pay

A
  • how much an individual would be willing to pay to avoid an illness or obtain the benefits of a treatment
  • needs to be greater value than cost of treatment
How well did you know this?
1
Not at all
2
3
4
5
Perfectly