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Questions and Answers
What is the broadest viewpoint considered in economic evaluations?
What is the broadest viewpoint considered in economic evaluations?
Which perspective involves the actual expenses incurred by healthcare providers?
Which perspective involves the actual expenses incurred by healthcare providers?
From which perspective are the out-of-pocket expenses for patients primarily assessed?
From which perspective are the out-of-pocket expenses for patients primarily assessed?
Which perspective is characterized by considering the reimbursements made by insurers or employers?
Which perspective is characterized by considering the reimbursements made by insurers or employers?
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Why do many researchers argue that the societal perspective is the best for economic evaluations?
Why do many researchers argue that the societal perspective is the best for economic evaluations?
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What types of costs might be captured when using the patient perspective?
What types of costs might be captured when using the patient perspective?
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Which of the following best describes the focus of the provider perspective in economic evaluations?
Which of the following best describes the focus of the provider perspective in economic evaluations?
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Which statement is true regarding how perspectives can differ in economic evaluations?
Which statement is true regarding how perspectives can differ in economic evaluations?
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Study Notes
Economic Perspectives in Evaluations
- Economic analysis relies on different perspectives, impacting cost identification and consequences.
- Evaluations can be conducted from a single or multiple perspectives to assess programs or treatment alternatives.
Types of Perspectives
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Societal Perspective:
- Considers overall societal benefits, capturing both direct and indirect costs.
- Viewed as the most comprehensive perspective for economic evaluations.
- In the US, health economists advocate for evaluations from this viewpoint.
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Provider Perspective:
- Focuses on actual costs incurred by providers regardless of service pricing.
- Providers can include hospitals, polyclinics, or private practices.
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Patient Perspective:
- Reflects the out-of-pocket expenses patients face for healthcare services.
- Accounts for additional costs related to morbidity, mortality, and other treatment-related financial burdens.
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Payer Perspective:
- Encompasses costs borne by the payer, including reimbursement for healthcare products and services.
- Payers include governmental bodies, insurance companies, or employers.
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Description
Explore the various economic perspectives used in evaluations, particularly focusing on the societal perspective. Understand how these perspectives affect cost identification and influence the assessment of programs or treatment alternatives. This quiz will deepen your understanding of economic evaluations.
