Video 4. Financial Risk Protection

This tutorial supports the teaching pack on Extended Cost-Effectiveness Analysis (ECEA) and illustrates how ECEA is conducted. In addition to the tutorial, materials include videos and a glossary. The tutorial details the main steps of ECEA which examines four key domains for a given health intervention: Health gains Financial risk protection benefits including the amount of private expenditures averted Distributional consequences (e.g. across socioeconomic status) Cost of the intervention This teaching pack was developed by…

In this video, Dr. Stéphane Verguet discusses private expenditures averted in ECEA. ECEA takes the perspective of the individuals and households affected by illness and examines the ensuing illness-related financial consequences they face. With the onset of illness, affected individuals’ financial burden can include: direct medical costs paid out of pocket, direct non-medical costs (e.g. transportation costs to seek care) paid out of pocket, and time losses, which can be translated into wages lost. Access…

In this video, Dr. Stéphane Verguet discusses quantifying health benefits in ECEA. ECEA quantifies the health benefits procured by an intervention similarly to a traditional CEA, except it examines the health benefits across population subgroups instead of one group only (e.g. five income quintiles). Health benefits mainly depend on the disease burden, the intervention coverage by subgroup, and the intervention effectiveness. Access the video. 2. Quantifying Health Benefits (~4 min) Students learn how to compute…