ECONOMIC EVALUATION OF GLOBAL
HEALTH POLICY FINAL EXAM
PREPARATION 2026 ACCURATE
QUESTIONS AND ANSWERS
●● why is value in health care important? Answer: decision makers will
compare different investments or initiatives to determine the
comparative returns (benefits, outcomes)
●● T/F: treatments that result in good outcomes are not always high
value due to significant costs Answer: true
●● what are costs in the value equation in health care? Answer: dollars
spent to achieve outcomes
●● what are new "things" we invest money in to improve outcomes in
health care Answer: 1. new processes (use personnel in new ways)
2. new services/programs
3. new drugs/technology
●● outcomes that could be considered in economic evaluations Answer:
1. economic
2. clinical
, 3. humanistic
●● examples of economic outcomes for economic evaluation Answer:
cost savings
●● examples of cost savings Answer: 1. direct medical costs
2. direct non-medical costs
3. indirect medical costs
4. intangible costs
5. opportunity costs
●● what are direct medical costs Answer: consumption of inputs used to
provide care
●● what are direct non-medical costs Answer: non-medical costs caused
by illness/condition (gluten-free food, transportation to visits, health
club membership)
●● what are indirect medical costs Answer: costs of morbidity and
mortality due to illness (lost productivity, lost wages, pre-mature death)
●● what are intangible costs Answer: non-financial outcomes (pain,
suffering, grief)
HEALTH POLICY FINAL EXAM
PREPARATION 2026 ACCURATE
QUESTIONS AND ANSWERS
●● why is value in health care important? Answer: decision makers will
compare different investments or initiatives to determine the
comparative returns (benefits, outcomes)
●● T/F: treatments that result in good outcomes are not always high
value due to significant costs Answer: true
●● what are costs in the value equation in health care? Answer: dollars
spent to achieve outcomes
●● what are new "things" we invest money in to improve outcomes in
health care Answer: 1. new processes (use personnel in new ways)
2. new services/programs
3. new drugs/technology
●● outcomes that could be considered in economic evaluations Answer:
1. economic
2. clinical
, 3. humanistic
●● examples of economic outcomes for economic evaluation Answer:
cost savings
●● examples of cost savings Answer: 1. direct medical costs
2. direct non-medical costs
3. indirect medical costs
4. intangible costs
5. opportunity costs
●● what are direct medical costs Answer: consumption of inputs used to
provide care
●● what are direct non-medical costs Answer: non-medical costs caused
by illness/condition (gluten-free food, transportation to visits, health
club membership)
●● what are indirect medical costs Answer: costs of morbidity and
mortality due to illness (lost productivity, lost wages, pre-mature death)
●● what are intangible costs Answer: non-financial outcomes (pain,
suffering, grief)
