Types of economic evaluation Flashcards
CEA, typical outcome measure?
Cost Effective Analysis
- compares costs and health outcomes of different interventions
- Measures like gained life years
CUA, outcome measure?
Special type of CEA
- Compares QoL typically using QALYs
CBA, outcome measure?
Compares costs and benefits of intervention
- Both expressed in monetary terms
- Allows for comparison of interventions
Which evaluation allows for cross comparison of interventions? Why?
CBA -> expresses both cost and benefit in monetary terms
CCA, outcome measure?
Cost-consequence analysis
- lists costs and outcomes of different options
- without single summary measure
- MORE COMPREHENSIVE but less streamlined
Which EE allows for more comprehensive overview? Why? Drawback?
- CCA
- Lists costs and outcomes of different options without single summary measure
- Less streamline comparisons
Which type of economic evaluation specifically uses QALYs as the outcome measure?
CUA
In which EE are both costs and benefits expressed in monetary terms to allow for direct comparison of interventions?
CBA
What is the key difference between Cost-Effectiveness Analysis (CEA) and Cost-Utility Analysis (CUA)?
- CEA compares costs to natural units
- CUA compares costs to QALYs
If the focus is QALYS…
CUA
If simply comparing costs and health outcomes without QoL….?
CEA
If assesses monetary values for BOTH costs and benefits….?
CBA
If lists various costs + outcomes without summarising into single metric…..?
CCA
