When a Pharmacoeconomic Analysis Looks at Two or More Treatment

question 8

Multiple Choice

When a pharmacoeconomic analysis looks at two or more treatment alternatives that are considered equal in efficacy and compares the costs of each it is referred to as:

• A) Cost-minimization analysis
• B) Cost-of-illness analysis
• C) Cost-effectiveness analysis
• D) Cost-benefit analysis

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Definitions:

Point System

The point system for job evaluation requires managers to quantify, in objective terms, the value of the various elements of specific jobs.

Life-Cycle Benefits

Benefits and support provided by an employer that address different stages of an employee's life, such as childcare, education support, and retirement planning.

Child-Care

Services and support for the care of children, especially those provided during the working day, facilitating parents or guardians to undertake employment or other activities.

Elder-Care

Services and support provided to the elderly population to meet their medical, social, and personal needs, often including healthcare, housing, and daily life assistance.