Cost Effectiveness and the Poor
•COST-EFFECTIVENESS analysis (CEA) has emerged as a basic tool in the evaluation of health care practices
•CEA can be based on the mathematical theory of "optimization."
– objective to maximize (eg, life-years or quality-adjusted life-years [QALYs])
– specify the particular resource constraint under which allocations must be made
Recommendations of the Panel on Cost-Effectiveness in Health and Medicine
Weinstein, MC, JAMA 1996