Are the benefits of new health services greater than their opportunity costs?
| Autor: | Jonathan Karnon, Laura Catherine Edney, Hossein Haji Ali Afzali |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Government
Financing Government Opportunity cost Public economics Cost–benefit analysis 030503 health policy & services Cost-Benefit Analysis Health Policy Health services research Australia Population health Quality-adjusted life year 03 medical and health sciences 0302 clinical medicine Humans 030212 general & internal medicine Business Health Services Research Quality-Adjusted Life Years Health Expenditures 0305 other medical science Developed country Delivery of Health Care health care economics and organizations Health policy |
| Zdroj: | Australian health review : a publication of the Australian Hospital Association. 43(5) |
| ISSN: | 1449-8944 |
| Popis: | The Australian health system performs well compared with other developed countries, but there is potential for improved health outcomes through the consideration of the opportunity costs of funding new health services. The opportunity costs of funding a new health service are the benefits forgone from the activities that would be funded if the new health service was not funded. When the forgone activity cannot be observed directly, the expected opportunity costs have been estimated as the expected gain in quality-adjusted life years (QALYs) associated with marginal increases in government expenditure on health. We have previously estimated that a gain of 1 QALY is expected for every additional A$28 033 of government expenditure on health. This paper discusses the relevance and proposed use of this estimate of opportunity costs to inform decisions around the public funding of new health services in Australia. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|