When Cost-Effective Interventions Are Unaffordable
2017
Many health interventions deemed cost-effective are not affordable. Despite the importance of affordability to policymakers, little of the cost-effectiveness literature in global health addresses this issue. Budget impact analysis (BIA) describes an intervention's short-term costs and savings from the payer's perspective.
This paper assesses the current use of budget impact analysis (BIA) and cost-effectiveness analysis (CEA) in health economic assessments conducted for low- and middle-income countries (LMICs). The authors recommend steps researchers and policymakers can take to better incorporate affordability information into health economic evaluations, alongside CEA.
When Cost-Effective Interventions Are Unaffordable
Source:
Bilinski A, Neumann P, Cohen J, Thorat T, McDaniel K, Salomon JA. When Cost-Effective Interventions Are Unaffordable: Integrating Cost-Effectiveness and Budget Impact in Priority Setting for Global Health Programs. PLOS Medicine 2017; 14 (10): e1002397. https://doi.org/10.1371/journal.pmed.1002397