Economic Analysis

A major aspect of influencing a bill approval or regulatory amendment is the economic value compared to outcome effectiveness. Lawmakers, administrators, and even patients can be influenced by how effective the procedure, the medication, or the treatment is compared to the cost. You have read about five methods of cost analysis. Your assignment is to locate one or two (max) articles that analyze a procedure, program, intervention, or treatment with each article using one of the cost analysis methods. One article may demonstrate the best analysis and the other article may demonstrate the worst analysis or you may have just one article and use other supportive evidence to demonstrate why this is the best or worst method to use for this procedure, program, etc. You will need to support your analysis with professional journal articles preferably five (5) years or less in publication time. You can also utilize websites, such as Dartsmouth or Centers for Medicare and Medicaid.
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