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cost-benefit analysis |
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cost-benefit analysis (CBA), a type of economic evaluation of medical care expense. It compares the expected monetary benefit derived from different health interventions with the expected cost of providing each of the interventions to determine the best or most profitable option. cost-benefit analysis, n the comparative study of the service or production costs of a service or item and its value to the subject. cost-benefit analysis cost-benefit analysis Cost-benefit evaluation Clinical trials A form of economic analysis from a social perspective, in which the costs of medical care are compared with the economic benefits of the care provided, with both the costs and
benefits being expressed in monetary units; the benefits evaluated include projected ↓ in future health care costs and ↑ earning as a result of the intervention of interest. Cf Cost-effectiveness analysis. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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``We really don't know a whole lot about the overall costs and benefits of homeland security,'' Becker said. The study, 'A little knowledge is a dangerous thing: How perceptions of costs and benefits affect access to education', has implications for Australia, according to Ian Dobson, head of the Education Policy Institutes' Australasian arm, who said the idea that people from lower socio-economic areas opted against university was a logical conclusion to draw in Australia too. Much of the discussion centered on the present and future costs and benefits of complying with section 404 of the act. |
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