What are the elements of cost-effectiveness analysis

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Reference no: EM132062871

Answer the following questions and explain the rationale for your answer:

1. What is cost-effectiveness analysis and why is it useful?

2. What are the elements of cost-effectiveness analysis? (Describe them in detail)

3. What is the difference in average cost-effectiveness ratio and an incremental cost-effectiveness ratio?

4. Define QALY and QALE. What is the difference between QALY and QALE?

5. What is the difference between direct, indirect, and intangible costs? Please explain. 6. What are the components of ICER? Explain the ICER ratio.

Write 5 pages( excluding the cover page references page) case study that explains the details of cost effectiveness and cost effectiveness analysis. include in-text citations from the CEA in Health Text. PLAGIARISM FREE

Reference no: EM132062871

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