PAPER 1

paper 1

Paper 1

The benefits-cost analysis was sufficient enough to proceed with the implementation of the SDPP. Economic evaluation of interventions asks whether additional health benefits can be obtained from the same amount of resources or whether the same benefit can be achieved with fewer resources by use of another intervention. The costs and health outcomes of an intervention are normally compared with those of an alternative intervention (usually the current standard of practice).

The 3 primary methods of economic evaluations that are used in health are cost-benefit analysis, cost-effectiveness analysis, and cost-utility analysis. In cost-benefit analysis, costs and benefits are converted ...