Table 1.
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 |