Four New Ideas for Systematic Cost-Effectiveness Analysis
Systematic learning from pooling available cost-effectiveness analyses is undermined by the low quality and availability of costing data across studies. We present four new ideas for improvement: (i) costing preanalysis plans and reporting templates, (ii) defining the costing perspective and reporting the information needed to modify cost calculations, (iii) calculating a cost estimate that reflects the specific impact estimand used in a study, and (iv) reporting costs for randomized controlled trials regardless of the statistical significance of outcomes. Adopting these practices can further the goal of allowing evidence-based policymakers to identify the policies that generate greatest benefit at lowest cost.
Authors
- Elizabeth D. Brown
- Craig McIntosh (ORCID: https://orcid.org/0000-0002-8038-2648)
Institutions
- University of California San Diego (US)
- University of California, Berkeley (US)
Publication Details
- Journal
- AEA Papers and Proceedings
- Published
- 2025-05-01
- DOI
- https://doi.org/10.1257/pandp.20251022
- Primary Topic
- Health Systems, Economic Evaluations, Quality of Life
- Type
- article
- Field-Weighted Citation Impact
- 0.00