Usefulness of Cost Effectiveness: Evidence versus Applicability

Abstract

All human beings are created equal in terms of right to health and thus qualified to receive the best pharmaceutical option whether for prevention or cure. However, not all humans enjoy the same economic capability to procure their health care. To ensure that health care is inclusive, a responsible government actively assumes the task of procuring the drugs or biological for the health of its population while being mindful of ensuring rational spending and equitable distribution of resources. Cost effectiveness Analysis (CEA) has revolutionized the way doctors in the individual level and policymakers in the level of society should choose the best pharmaceutical intervention by estimating the cost per number of lives saved or cost per disability adjusted life years.