Challenges of Using Cost-effectiveness Analysis in Rationalizing Health Care Public Spending

The aim of this study is to address the challenges of using cost-effectiveness analysis (CEA) by decision-makers in rationalizing health care public spending. Firstly, it presents a brief literature review on the necessity of using cost-effectiveness analysis. Also, the paper focuses on ways of meas...

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Bibliographic Details
Main Author: Anca-Stefania SAVA
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2011-06-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.ann.ugal.ro/eco/Doc2011_2/AncaSava.pdf
Description
Summary:The aim of this study is to address the challenges of using cost-effectiveness analysis (CEA) by decision-makers in rationalizing health care public spending. Firstly, it presents a brief literature review on the necessity of using cost-effectiveness analysis. Also, the paper focuses on ways of measuring health outcomes and costs, analyzing the evolution of public expenditures on health care after 1990 in Romania, in comparison with those of the European Member States, in monetary terms, but also on the basis of some internal efficiency indicators. Even if there are many limitations concerning the implementation of this analysis and many studies labeled as CEAs in the health-care literature often offer only partial program evaluation, basing only on resource costs, CEA is helpful and necessary in setting priorities when choices must be made in the face of limited resources.
ISSN:1584-0409