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. 2015 Jun 24;3:164. doi: 10.3389/fpubh.2015.00164

Table 1.

Types of economic evaluation and decision levels.

Type Description Measures Decision level
PARTIAL ECONOMIC EVALUATION
Cost of illness analysis Disease economic burden Net cost ($) Public health decision-makers at the local, state, and national levels
Program cost analysis Net program cost Net cost ($) Public health decision-makers at the local, state, and national levels
First step to CEA, CUA, and CBA
FULL ECONOMIC EVALUATION
Cost-benefit analysis (CBA) Compares different programs with different outcomes (e.g., health vs. other area) Benefit-cost ratio ($benefit: $cost) National level and broader perspective, such as the President and Congress (e.g.,: Congress needs to decide between investments in health or investments for another program)
Cost-effectiveness analysis (CEA) Compares interventions with the same outcomes (ex: between two cervical cancer interventions) Cost-effectiveness ratio ($per case averted) Program level (ex: a cancer program director decides to fund one of two possible cervical cancer prevention interventions)
Cost utility analysis (CUA) Compares interventions with different health outcomes (ex: cervical cancer vs. Alzheimer’s disease) Cost-utility ratio ($per QALY saved) Agency level (ex: the CDC or a local health agency director decides between funding cervical cancer or Alzheimer’s disease interventions)