PBS Planning: Modelling and Implications

Sardar M. N. Islam and Christine Suet Yee Mak
Additional contact information
Sardar M. N. Islam: Victoria University
Christine Suet Yee Mak: Victoria University

Chapter 7 in Normative Health Economics, 2006, pp 167-196 from Palgrave Macmillan

Abstract: Abstract In the previous chapter, a cost benefit analysis of six medications was performed- That exercise was useful in providing information in decision-making about listing individual medication on the Pharmaceutical Benefit Scheme (PBS) in Australia. However, a realistic exercise of health programs evaluation should also be in the form of proactive health sector planning. In health sector planning, a set of health programs is chosen from alternatives to be financed by the available budget. In this chapter, we develop a PBS sub-sector planning. We apply the new3 cost benefit analysis developed in Chapter 3 to sub-sector planning of PBS (we call it PBS planning), and discuss the implications of PBS sub-sector planning in selecting a set of medications for PBS listing that can maximise health and social welfare of the society.

Keywords: Discount Rate; Budget Constraint; None None; Social Welfare Function; Capital Budget (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28905-5_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230289055

DOI: 10.1057/9780230289055_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().