How does the potential conflict between self interest and the social interest complicate setting a financial threshold

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How does the potential conflict between self interest and the social interest complicate setting a financial threshold for healthcare treatments?

Putting a Dollar Value on Life? Governments Already Do The World Health Organization suggests governments pay for treatments that cost less than three times a country’s GDP per person for each year of good health it provides. The W.H.O. considers treatments that cost less than the annual GDP per person to be highly cost effective.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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