Cost Effectiveness and Payment Policy

Alan M. Garber and Mark J. Sculpher

Chapter Chapter Eight in Handbook of Health Economics, 2011, vol. 2, pp 471-497 from Elsevier

Abstract: Cost-effectiveness analysis is versatile and used widely to assist in health care decision making. This chapter discusses how cost-effectiveness analysis is used at the system or national level, particularly in the domain of coverage and payment policy. We describe its relationship to other techniques, such as cost/benefit analysis, and the theoretical and practical aspects of applying the analytic technique in a decision framework. We then discuss the diverse ways that it is now used in various settings around the world, and the ways that it might be used in the future.

Keywords: cost-effectiveness analysis; cost/benefit analysis; decision making; health policy (search for similar items in EconPapers)
JEL-codes: D61 I10 I11 I12 I18 I19 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:heachp:2-471

DOI: 10.1016/B978-0-444-53592-4.00008-6

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