On valuing morbidity, cost-effectiveness analysis, and being rude

Article Abstract:

A comparative study on cost-benefit and cost-effectiveness analysis was undertaken to determine which of the two method is more effective in evaluating health care. Researchers favoring the use of cost-effectiveness analysis in the evaluation of health care argued that the use of cost-benefit analysis is inappropriate since measures included in the monetary value of health are baseless and ineffective. On the other hand, opposing party contend that cost-effectiveness analysis is just a truncated form of cost-benefit analysis and is ineffective in presenting a detailed report regarding daily incremental costs of a certain health condition.

Analysis, Evaluation, Cost benefit analysis

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Valuing morbidity: an integration of the willingness-to-pay and health-status index literatures

Article Abstract:

The use of meta-analysis proved to be helpful in the study of morbidity valuation and issues concerning short-term health conditions. Meta-analysis, unlike other conventional approaches, permits the use of various literature concerning health-state index and willingness-to-pay to effectively study health-related estimates. Through meta-analysis, WTP were found to be logically and statistically efficient in estimating valuation function for any short-term health condition.

Usage, Meta-analysis

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Disability-adjusted life years: a critical review

Article Abstract:

The disability-adjusted life year (DALY) approach is ineffective in the assessment of disease burden or resource allocation in the healthcare industry. The resouce allocation framework of DALY is conflicting with principles of equity in terms of its information set that is utilized in the computation of DALYs and its criterion. DALY also has unclear purposes in determining the quantity of ill-health.

Models, Disability evaluation

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