Abstract
This paper aims to introduce the concepts of Cost-Effectiveness Analysis (CEA) and Cost-Benefit Analysis (CBA) to non-economists who are working in the health field. Justifications as to why CEA and CB A are needed are followed by descriptions of each technique with examples from the health care sector. Finally, various methods of valuing savings in human life (one of the major benefits of health care intervention) are discussed.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Mills, A. & Drummond, M.F. (1985): Economic Evaluation of Health Programmes: Glossary of Terms. World Health Statistical Quarterly, 38: 432–434
Piachaud, D. and Weddell, J.M. (1972): The Economics of Treating Varicose Veins. International Journal of Epidemiology, 1, 3: 287–294
Culyer, A.J. and Maynard, A.K. (1981): Cost-effectiveness of duodenal ulcer treatment. Social Science and Medicine, 15C: 3–11
Russell, I.T., Devlin, H.B., Fell, M., Glass, N.J. and Newell, D.J. (1977): Day case surgery for hernias and haemorrhoids: a clinical, social and economic evaluation. Lancet i: 844–847
Rubinstein, J.S., Armentrout, J.A., Levin, S. and Herald, D. (1978): The parent-therpaist program: alternative care for emotionally disturbed children. American Journal of Orthopsychiatry, 48; 654–662
Fentori, F.R., Tessier, L., Contandriopoulous, A.P., Nguyer, H. and Struening, E.L. (1982): A comparative trial of home and hospital psychiatric treatment: financial costs. Canadian Journal of Psychiatry, 27, 3, 177–187
Weisbrod, B.A., Test, M.A., and Stein, L.I. (1980): Alternative to mental hospital treatment: economic cost-benefit analysis. Arch. Gen. Psych. 37, 400–5
Mooney, G. (1978): Planning for Balance of Care of the Elderly. Scottish J. Polit. Econ. 25: 149–164
Ginsberg, G.M. (1985): Balance of Care in Services to the Elderly in Israel. Israel Journal of Medical Sciences, 21, 230–237
Yates, B.T. (1978): Improving the cost-effectiveness of obesity programs: three basic strategies for reducing the cost per pound. International Journal of Obesity, 2, 249
Klareman, H.E., Francis, J.O. and Rosenthal, G.D. (1968): CEA applied to the treatment of chronic renal disease. Medical Care, 6: 44–54
Williams, A.H. (1985): Economics of coronary artery bypass grafting. British Medical Journal, 2981, 326–329
Ginsberg, G.M. (1987): Intersectorial effects on health and health services in Israel. Paper prepared for the conference on international action for health, Lisbon, 26–28 November 1987. Ministry of Health, Jerusalem
National Public Health Laboratory of Finland: Community Control of Cardiovascular diseases. The North Karelia Project. W.H.O. Regional Office for Europe. Copenhagen, 1981
Hagard, S. and Carter, F.A. (1976): Preventing the Birth of Infants with Down’s Syndrome: A Cost Benefit Analysis. British Medical Journal, Vol. 1, No. 6012, 753–756
Pole, D. (1971): Mass Radiography: A Cost Benefit Approach, pp. 45 - 56 in McLachlan, G. (ed.) Problems and Progress in Medical Care (5th Series). London: Oxford University Press for the Nutfield Hospitals Trust
Creese, A. (1983): The economic evaluation of immunization programmes. In: Lee, K. and Mills, A. (eds.). The economics of health in developing countries. Oxford, Oxford University Press, 1983
Kaplan, J.P. (1985): Benefits, risks and costs of immunization programmes. In: The value of preventive medicine. Ciba Foundation Symposium, No. 110 ( Chairman: A.G. Staper). London, Pitman, 1985.
Steiner and Smith (1973): Application of CBAS to a P.K.U. Screening Program. Inquiry 10, 34–40
Buxton, M.J. and West, R.R. (1975): Cost Benefit Analysis of a long-term Heamodialysis for chronic renal failure. Birth. Med. J., ii, 376–379
Card, W.I. and Mooney, G.H. (1978): What is the monetary value of human life? British Medical Journal, 2, 1627
Clark, M.J. and Fleishman, A.B. (180), Technical Appendix C to: The Application of Cost Benefit Analysis to the Radiological Protection of the Public: A Consultative Document. National Radiological Protection Board, Harwell, Oxford. March 1980, 26–33
Kreisel, T. (1980): Cost Benefit Analysis of Epilepsy Clinics. Social Science and Medicine, 14c, 35–39
Jones-Lee, M.V. (1976): The Value of Life. An Economic Analysis. London, Martin Robertson 1976
Drummond, M-F. (1980): Principles of economic appraisal in health care, Oxford University Press, 1980
Drummond, M.F., Stoddart, G.L. and Torrance, G.W. ( 187 ) Methods for the Economic Evaluation of Health Care Programmes, Oxford University Press, 1987
The Babylonian Talmud, Sanhedrin 37a, The Soncino Press, London, 1961, 3, 324
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1990 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Ginsberg, G.M. (1990). Cost-Effectiveness Analysis, Cost-Benefit Analysis and the Value of Life in Health Care and Prevention. In: Laaser, U., Roccella, E.J., Rosenfeld, J.B., Wenzel, H. (eds) Costs and Benefits in Health Care and Prevention. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-75781-5_2
Download citation
DOI: https://doi.org/10.1007/978-3-642-75781-5_2
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-52708-4
Online ISBN: 978-3-642-75781-5
eBook Packages: Springer Book Archive