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Health Economics, Tools for allocating health resources, Concepts, "…
Health Economics
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Cost-benefit analysis
All costs and all benefits (direct, indirect, intangible)
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Costs
Direct costs (e.g. medications, equipment, salaries)
Indirect costs (e.g. missed wages, reduced productivity)
Intangible costs (e.g. pain, suffering, grief)
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"There are not enough healthcare resources to meet all health needs. Fixed budgets force decisions on which treatments, programs, procedures will be funded"