Can Health Benefit Outcomes Benefit Public Health Budget Professionals

Abstract

Purpose – To assist in achieving cost effective health care allocations in a collective choice setting, the purpose of this paper is to illustrate the use of a tool not common in the public budgeting literature but is common in the health economics literature.

Design/methodology/approach – Through a meta-analysis of the health care spending literature that computed the value of quality-adjusted life years, the authors provide an alternative approach for budgeters and policymakers.

Findings – The authors provide an alternative approach for budgeters and policymakers for weighing the benefits of alternative health care spending allocations.

Originality/value – The authors introduce an alternative approach for weighing the benefits of alternative health care spending allocations. As a tool for budgeting professionals, cost per QALY allows for the opportunity to raise cost-effectiveness of public health expenditures as a tool for governments to allocate resources based on outcomes, rather than inputs.

Keywords: public health, budget

JEL Classification: H51, H61