Principles of Good Practice for Budget Impact Analysis I

Objectives: There is growing recognition that a comprehensive economic assessment of a new health-care intervention at the time of launch requires both a cost-effectiveness analysis (CEA) and a budget impact analysis (BIA). National regulatory agencies such as the National Institute for Health and Clinical Excellence in England and Wales and the Pharmaceutical Benefits Advisory Committee in Australia, as well as managed care organizations in the United States, now require that companies submit estimates of both the cost effectiveness and the likely impact of the new health-care interventions on national, regional, or local health plan budgets. Although standard methods for performing …

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2021-10-27 20:02:40