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There are several methods of economic evaluation used in health care decision making. The methods range from cost of illness studies, cost-benefit analysis, cost-utility analysis to cost

 There are several methods of economic evaluation used in health care decision making. The methods range from cost of illness studies, cost-benefit analysis, cost-utility analysis to cost-effectiveness analysis. You have been assigned to evaluate a new diabetes medication. Write an essay in which you address the following four questions. 1. Which ones of the four types of economic evaluation would you use to perform your evaluation? 2. What advantages does the type of evaluations you selected have over the others? 3. What are some of the disadvantages or limitations of the evaluations you selected? What information would you need to gather to perform your evaluations?

Jun 10 2021 View more View Less

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