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Measuring the Social Benefits of Medicine

Author

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  • George Teeling Smith

Abstract

There has been a spectacular explosion of therapeutic progress over the past 35 years. The consequent improvements in public health may seem self-evident. Why, then, is it necessary to employ the disciplines of economics and sociology to try to quantify these benefits? This introduction sets out to answer this question. It also looks at some of the earlier ways in which benefits have been quantified, and it discusses the reasons why new and more sophisticated methods of measurement are needed in the 1980s. Finally, it examines some aspects of the challenge presented by the new attempts to measure the social benefits of medicines. In covering this general philosophical ground, the introduction provides a backcloth against which the more detailed and practical discussions in later papers should fall into place.

Suggested Citation

  • George Teeling Smith, 1983. "Measuring the Social Benefits of Medicine," Monograph 000336, Office of Health Economics.
    • Handle: RePEc:ohe:monogr:000336
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    File URL: https://www.ohe.org/publications/measuring-social-benefits-medicine/attachment-133-1983_measuring_the_social_benefits_teelingsmith_full/
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    Citations

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    Cited by:

    1. A. Gafni & S. D. Walter & S. Birch & P. Sendi, 2008. "An opportunity cost approach to sample size calculation in cost‐effectiveness analysis," Health Economics, John Wiley & Sons, Ltd., vol. 17(1), pages 99-107, January.
    2. Amiram Gafni & Stephen Walter & Stephen Birch, 2013. "Uncertainty And The Decision Maker: Assessing And Managing The Risk Of Undesirable Outcomes," Health Economics, John Wiley & Sons, Ltd., vol. 22(11), pages 1287-1294, November.
    3. Amiram Gafni & Stephen Birch & Gioia Buckley, 2011. "Economic Analysis of Physician Assistants in Ontario: Literature Review and Feasibility Study," Centre for Health Economics and Policy Analysis Working Paper Series 2011-03, Centre for Health Economics and Policy Analysis (CHEPA), McMaster University, Hamilton, Canada.
    4. Cam Donaldson & Stephen Birch & Amiram Gafni, 2002. "The distribution problem in economic evaluation: income and the valuation of costs and consequences of health care programmes," Health Economics, John Wiley & Sons, Ltd., vol. 11(1), pages 55-70, January.

    More about this item

    Keywords

    Measuring the Social Benefits of Medicine;

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health

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