Discounting in Cost-Utility Analysis of Healthcare Interventions

@article{Cohen2003DiscountingIC,
  title={Discounting in Cost-Utility Analysis of Healthcare Interventions},
  author={Dr Brian J. Cohen},
  journal={PharmacoEconomics},
  year={2003},
  volume={21},
  pages={75-87}
}
Cost-utility analysis (CUA) is a technique that can potentially be used as a guide to allocating healthcare resources so as to obtain the maximum health benefits possible under a given budget constraint. However, it is not clear that current practice captures societal preferences regarding health benefits. In analyses of healthcare interventions providing survival benefits, the market rate of interest is the sole empirical variable that reflects societal preferences. This approach is based on… CONTINUE READING

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