Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If you need an accessible version of this item please contact JSTOR User Support

Economic Evaluation of Chronic Conditions: Framework for a Quasi-Markov Process

J. Astin, A. Stewart and E. McIntosh
The Journal of the Operational Research Society
Vol. 48, No. 6 (Jun., 1997), pp. 623-628
DOI: 10.2307/3010226
Stable URL: http://www.jstor.org/stable/3010226
Page Count: 6
  • Subscribe ($19.50)
  • Cite this Item
If you need an accessible version of this item please contact JSTOR User Support
Economic Evaluation of Chronic Conditions: Framework for a Quasi-Markov Process
Preview not available

Abstract

This paper presents a general model for economic evaluation of treatments of chronic conditions. The model is applicable in the situation where multiple possible treatments are available none of which is completely satisfactory by virtue of either lack of effect of adverse effects occurring for some patients. Treatments may include any process designed to enable patients to manage their condition. Since none are completely satisfactory, the model cannot determine the `best' treatment, merely help identify an order in which treatments should be tried. This economic model must be used in conjunction with clinical or other relevant information. The model should be used to make comparisons between treatment options within one discrete category. The information provided can thus assist allocative microeconomic decisions, where funds must be allocated between specific competing alternatives. These decisions may apply to either purchasers or providers of health care services.

Page Thumbnails

  • Thumbnail: Page 
[623]
    [623]
  • Thumbnail: Page 
624
    624
  • Thumbnail: Page 
625
    625
  • Thumbnail: Page 
626
    626
  • Thumbnail: Page 
627
    627
  • Thumbnail: Page 
628
    628