The friction cost method: a comment

Article Abstract:

The friction cost method appears to be an unsuitable substitute for the human-capital approach in estimating indirect costs because it is founded on implausible assumptions not based on the neoclassical economic theory. The constant application of the friction cost method will also result to the approach's use in direct costs estimation, a development that will significantly decrease health care program costs. The method was also sought as a substitute to the human-capital approach in indirect costs estimation.

Business Personnel Management, Research, Analysis, Economic aspects, Medical care, Human resource management, Worker absenteeism, Absenteeism (Labor), Human capital, Cost (Economics), Costs (Economics), Labor costs

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The effect of comorbidities on treatment decisions

Article Abstract:

Medical decisions, which generally focus on single risk diseases, tend to ignore the existence of multiple sources of risks. The QALY method determines the impact of the patient's aversion towards health status risk on the treatment prone behavior.

United States, HEALTH SERVICES, Ambulatory Health Care Services, Therapeutic Procedures, Usage, Therapeutics, Influence, Homeopathy, Comorbidity, Quality adjusted life years

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