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date: 27 September 2020

Abstract and Keywords

This chapter examines the economics of healthcare rationing. The chapter begins with an overview of the various dimensions across which healthcare rationing operates, or at least has the potential to operate, in the first place. The chapter then describes the types of economic analyses used in healthcare rationing decision-making, with particular reference to cost-benefit analysis and cost-effectiveness analysis. The chapter also considers healthcare rationing in practice, such as how economic analyses inform decisions regarding which services to cover, and concludes by discussing various practical and conceptual challenges that may arise with economic analyses and that span both economics and ethics.

Keywords: economics, healthcare rationing, healthcare, economic analyses, decision-making, cost-benefit analysis, cost-effectiveness analysis, ethics

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