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Economic evaluation and health care decision-making
1Erasmus University Rotterdam, Institute for Medical Technology Assessment, The Netherlands.
Health Policy (Amsterdam, Netherlands)
|May 7, 1996
Summary
Economic appraisal is crucial for health policy, especially in the pharmaceutical sector. Enhancing its use requires understanding policymaker interpretation and improving cost-effectiveness data transferability for better decision-making.
Area of Science:
- Health Economics
- Health Policy Analysis
Background:
- Economic appraisal is increasingly influential in health policy and medical practice.
- The pharmaceutical sector shows the most significant developments in economic appraisal adoption.
- Existing frameworks highlight the need for effective decision-support tools for health authorities.
Purpose of the Study:
- To outline the current role of economic appraisal in health policy and medical practice.
- To examine the diffusion of economic appraisal as a decision-support tool using Dutch health and Australian pharmaceutical policies as examples.
- To identify strategies for promoting the use of economic appraisal by studying policymaker interpretation and enhancing international transferability of cost-effectiveness data.
Main Methods:
- Literature review of economic appraisal in health policy.
- Case study analysis of general health policy in the Netherlands.
- Case study analysis of pharmaceutical policy in Australia.
- Exploration of factors influencing the interpretation and use of economic evaluation studies by policymakers.
Main Results:
- Economic appraisal plays a defined role in health policy, particularly within the pharmaceutical industry.
- The Netherlands and Australia provide examples of how economic appraisal can be integrated into health and pharmaceutical policymaking.
- Understanding policymaker engagement and improving the transferability of cost-effectiveness information are key to broader adoption.
- Validity, reliability, policy relevance, and effective communication are critical for the impact of economic appraisal.
Conclusions:
- Economic appraisal is a valuable tool for health authorities, with significant potential for wider application.
- Further research into policymaker interaction with economic evaluation results and international data sharing is recommended.
- Recommendations are provided to ensure economic appraisals meet the requirements for effective health policy integration.