Explain what economic evaluation is involved in World Health Organization's cardiovascular disease's initiative
Ans) Economic evaluation may be defined as 'the comparative analysis of alternative courses of action in terms of both their costs and consequences'. Any economic analysis involves measurement of both the benefits of healthcare and also the costs.
- Economic evaluation is the process of systematic identification, measurement and valuation of the inputs and outcomes of two alternative activities, and the subsequent comparative analysis of these. The purpose of economic evaluation is to identify the best course of action, based on the evidence available.
- Prevention of cardiovascular disease can be achieved by practising regular exercise, by keeping to a balanced healthy diet, by avoiding tobacco smoking and by the maintenance of an optimal blood pressure and normal LDL-cholesterol and glucose levels.
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Most of the interventions studied were considered highly cost effective, meaning they generate one healthy year of life at a cost of <$Int2000 (which is the gross domestic product per capita of the two regions considered here). Interventions that offer particularly good monetary value, and which could be considered for prioritised implementation or scale up, include demand reduction strategies of the Framework Convention for Tobacco Control (<$Int950 and <$Int200 per DALY averted in AfrE and SearD respectively); combination drug therapy for people with a >25% chance of experiencing a cardiovascular event over the next decade, either alone or together with specific multidrug regimens for the secondary prevention of post-acute ischaemic heart disease and stroke (<$Int150 and <$Int230 per DALY averted in AfrE and SearD respectively); and retinopathy screening and glycaemic control for patients with diabetes (<$Int2100 and <$Int950 per DALY averted in AfrE and SearD respectively).
- This comparative economic assessment has identified a set of population-wide and individual strategies for prevention and control of cardiovascular disease that are inexpensive and cost effective in low resource settings.
Explain what economic evaluation is involved in World Health Organization's cardiovascular disease's initiative
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