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New3 Cost Benefit Analysis of PBS Medications

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Normative Health Economics

Abstract

In this chapter, six medications are selected for hypothetical cost benefit analysis under the type of criteria listed under the Pharmaceutical Benefit Advisory Committee (PBAC) submission guidelines, the standard approach of financial cost benefit analysis and the new3 cost benefit analysis under the normative social choice approach of new3 welfare economics.

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© 2006 Sardar M.N. Islam and Christine Suet Yee Mak

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Islam, S.M.N., Mak, C.S.Y. (2006). New3 Cost Benefit Analysis of PBS Medications. In: Normative Health Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780230289055_6

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