New Book on Health Economics Methods for Preventative Health Care Funds Allocation

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The fifth book in the Handbooks in Health Economic Evaluation series – Applied Health Economics for Public Health Practice and Research, has been published. 

Chapter 9, coauthored by Willings Botha, addresses cost-benefit analysis for public health interventions. Botha explains, “Currently, questions remain about how to conduct economic evaluations of public health interventions. These interventions often have broader outcomes that go beyond health, hence do not fit in the conventional economic evaluation of a quality-adjusted life year (QALY) framework. A cost-benefit analysis could be appropriate but has concerns of assigning monetary values to health outcomes. This chapter demonstrates, using case studies, how values indirectly elicited from stated-preference discrete-choice experiments could be incorporated or combined with the traditional QALY framework. In an economic evaluation, this could provide a broader space particularly suitable for an evaluation of a public health intervention.”

The book presents new research on health economics methodology and its application to the evaluation of public health interventions - covering both traditional and novel methods.

Applied Health Economics for Public Health Practice and Research is now available for purchase online.

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