Health Economics - lesson 3

Which of these is NOT a possible perspective of analysis?

• Healthcare sector

• Other government sectors

• Third Payer

• National Perspective

Should the prospect of family members be considered in the cost analysis?

• Yes
• No
• It depends

Should the prospect of family members be considered in the analysis of the consequences?

• Yes
• No
• It depends

Which of these is a possible downstream savings?

• In the healthcare sector

• In patients or family members

• In productivity gains

• In cost cutting

How are non-monetary consequences transformed into monetary units?

• With willingness to pay

• With the discount rate

• With market prices

• With an internet auction

In which quadrant of the Cost-Effectiveness plane is option A strongly recommended over option B?

• Q1 - Top-right

• Q2 - Bottom-right

• Q3 - Bottom-left

• Q4 - Top-left

What is the ICER?

• Incremental Cost-Effectiveness Ratio

• Cost Index Excluding Resources

• Incremental Cost Education Rules

• Cost Indications to Avoid Risks

How can we decide if the ICER of A vs B is acceptable?

• Following WHO criteria

• Looking at a specified threshold

• Looking at social willingness to pay

• It is acceptable if the ICER of A is less than B

Which are the decision criteria in Cost-Benefit analysis?

• Net benefit

• Cost-benefit ratio

• Return on investment

• break-even