Country-Level Cost-Effectiveness Thresholds: Initial Estimates and the Need for Further Research.

ABSTRACT:

Background

Cost-effectiveness analysis can guide policymakers in resource allocation decisions. It assesses whether the health gains offered by an intervention are large enough relative to any additional costs to warrant adoption. When there are constraints on the health care system's budget or ability to increase expenditures, additional costs imposed by interventions have an "opportunity cost" in terms of the health foregone because other interventions cannot be provided. Cost-effectiveness thresholds (CETs) are typically used to assess whether an intervention is worthwhile and should reflect health opportunity cost. Nevertheless, CETs used by some decision makers-such as the World Health Organization that suggested CETs of 1 to 3 times the gross domestic product (GDP) per capita

SUBMITTER: Woods B 

PROVIDER: S-EPMC5193154 | biostudies-literature | 2016 Dec

REPOSITORIES: biostudies-literature