PE1 - Click to edit Master subtitle style 5/1/11 ECONOMI C...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Click to edit Master subtitle style 5/1/11 ECONOMI C EVALUATI ON RASHMI NAIR 5/1/11 Alt er native METHOD OF Health care sector costs Other sector costs Patient and family costs Productivity costs 5/1/11 costs Health care sector costs Includes medical resources consumed by health care entities Similar to direct medical costs, but do not include direct medical costs paid for by the patient or other non health care entities, e.g., deductibles, co-payments Other sector costs Impact of diseases and treatment on other non health care sectors e.g., housing, homemaker services, educational services. Consider the case of schizophrenia patients, when measuring the resources 5/1/11 costs Patient and family costs Includes costs to the patient and his or her family without regard to whether the costs are medical or non medical in nature Includes the patients or familys share of direct medical as well as direct non medical costs Productivity costs Analogous to the economic term indirect costs 5/1/11 costs Intangible costs cannot be considered costs Often measured and valued through the utility or willingness-to-pay approach Many studies report only the direct medical (i.e., health care sector) costs Perspective A term that describes whose costs are relevant based on the purpose of the study 5/1/11 perspective Societal perspective Conventional economic theory suggests that the most appropriate and comprehensive perspective is that of society Include costs to the insurance company, cost to the patient, other sector costs, productivity costs Not the most commonly seen perspective Difficult and time consuming to estimate all these costs Researchers not interested in overall costs of each treatment alternative 5/1/11...
View Full Document

This note was uploaded on 04/30/2011 for the course ECON 2201 taught by Professor Nair during the Spring '11 term at St. John's.

Page1 / 22

PE1 - Click to edit Master subtitle style 5/1/11 ECONOMI C...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online