A REVIEW ON ECONOMIC EVALUATION TECHNIQUES IN HEALTH CARE

Abstract

Nowadays, health expenditures increase rapidly due to several reasons. The main reasons behind this increase are technological developments, improvements in service quality and the increase in life expectancy at birth. This situation causes the allocation of limited resources to be used in the health field to place great importance. The economic evaluation techniques that can be used in relation to the plans/projects and practices in the health sector provide important information about what the priorities and opportunity costs will be. On the other hand, each economic assessment technique has weaknesses besides its advantages. Within the frame of this study, economic evaluation techniques applied in health care have been introduced and evaluations have been made about the advantages and weaknesses of these techniques.