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Questions and Answers List

Question	Answer
High Cost, Low Effectiveness	Rejected
Low Cost, High Effectiveness	Adopted
High Cost, High Effectiveness Low Cost, Low Effectiveness	Further Analysis is Required
are often used in cost-utility analysis for the purposes of optimizing allocation of health care spending to MAXIMIZE LIFE GAINED and thereby maximize social welfare. incorporates LENGTH OF LIFE AND QUALITY OF LIFE but is not specific to any particular disease state or condition, it enables cost-utility comparisons across virtually the entire spectrum of health care interventions. remains controversial because there are researchers that said that using this CAN CAUSE DIFFERENT BIASES	QALYs / Quality adjusted life years
refers to the difference in the multiplication of life years and also utility.	Incremental QALY (yr)
determines the impact of implementing or adopting a particular technology or program on a designated budget. The designated budget is generally the responsibility of a particular health care program or authority, e.g., a drug plan or formulary, a hospital, an employer-sponsored health plan, or a regional or national health authority	Budget-impact analysis