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HomeHomework Helphealth-economicsInstitutional Frameworks

Institutional Frameworks

Institutional frameworks in health economics refer to the structured systems and organizations that govern health care policies, resource allocation, and economic evaluations within the health sector, influencing decision-making processes and outcomes. These frameworks encompass laws, regulations, and institutional practices that shape the interactions between various stakeholders, including governments, healthcare providers, and patients.

intermediate
3 hours
Health Economics
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Overview

Institutional frameworks in health economics are essential for guiding health policies and ensuring effective healthcare delivery. They encompass various regulatory bodies, economic evaluation methods, and financing mechanisms that shape how health services are provided and accessed. Understanding t...

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Key Terms

Health Policy
A decision made by a government or organization regarding health care.

Example: The Affordable Care Act is a significant health policy in the U.S.

Regulatory Body
An organization that oversees and enforces laws and regulations in healthcare.

Example: The Food and Drug Administration (FDA) regulates medications.

Economic Evaluation
A method to assess the cost-effectiveness of health interventions.

Example: Cost-effectiveness analysis compares the costs and health outcomes of different treatments.

Cost-Effectiveness Analysis
A method that compares the relative costs and outcomes of different courses of action.

Example: Evaluating a new drug against standard treatment.

Healthcare Financing
The method of funding healthcare services.

Example: Public health insurance programs like Medicare.

Budget Impact Analysis
An assessment of the financial impact of adopting a new health intervention.

Example: Estimating the costs of a new vaccine program.

Related Topics

Health Policy Analysis
Examines the formulation and impact of health policies on populations.
intermediate
Healthcare Systems Comparison
Analyzes different healthcare systems and their effectiveness.
advanced
Public Health Economics
Focuses on the economic aspects of public health initiatives.
intermediate

Key Concepts

Health PolicyRegulatory BodiesEconomic EvaluationHealthcare Financing