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. 2017 Mar 5;2017:3410946. doi: 10.1155/2017/3410946

Table 1.

Types of economic evaluation and their main characteristics.

Type of economic analysis Costs Advantages Disadvantages
Cost minimization (CMA) Monetary This technique only measures costs It does not describe results, and it has little applicability to health
Cost-effectiveness (CEA) Monetary It allows comparisons between health programs Difficulty in comparison of results
Cost-benefit (CBA) Monetary This analysis allows comparisons between strategies because it works with the same monetary unit Difficulty of valuing human life
Cost-utility (CUA) Monetary This analysis considers the level of well-being and preferences of the individual The scales of measurement of quality are arbitrary