Oral Presentation Australian Diabetes Society and the Australian Diabetes Educators Association Annual Scientific Meeting 2016

Health economics: an introduction and overview (#145)

Danny Liew 1
  1. Monash University, Melbourne, VIC, Australia

We strive to practise evidence based medicine. However, much of the 'evidence' is only of efficacy (drawn directly from studies), rather than of effectiveness and cost-effectiveness. Because they take into account 'real-world' considerations, including of efficiency and affordability, decision making in healthcare should ideally be based on evidence of effectiveness and cost-effectiveness.

In this session, Prof Danny Liew will provide an introduction to the principles of health economics, specifically in the area of health technology assessment, and how cost-effectiveness analyses are undertaken. Key limitations will also be discussed. Examples from the area of diabetes will be used.