1.Consider cost-effectiveness analysis and cost-benefit analysis.

a.How are these types of analyses similar?

i.

b.How are they different?

c.What are the advantages and disadvantages of each approach?

d.What are the ethics of each approach?

e.What role do you think these types of analyses should have in the provision of health care and why?

2.Nichols (2001) provides a cost-benefit analysis of vaccinating healthy working adults against influenza.

a.How was the data for the cost-benefit analysis collected?

b.What are the costs analyzed of providing the vaccine?

c.Are any costs not considered/missing that you think should have been included? What and why?

d.What are the benefits analyzed of providing the vaccine?

e.Are any costs not considered/missing that you think should have been included? What and why?

f.Is it a worthwhile strategy to vaccinate health adults? Why or why not?

g.How (un)certain is the cost-benefit analysis in this case and why?

3.You have been hired by the National Institutes of Health to conduct a cost-benefit analysis of providing gym memberships to employees.

a.What are the costs and benefits of such a program?

b.Estimate (you can google) the costs.

c.Estimate (you can google) the benefits.

d.Calculate the cost-benefit ratio or cost-effectiveness ratio.

e.Discuss whether gym memberships are a worthwhile investment.