Abstracts by key term: efficiency frontier
With the most recent health care reform (GKV-WSG), the tasks of the Institute for Quality and Efficiency in Health Care (IQWiG) were expanded: Previously, it could only evaluate drugs with regard to their medical benefits. In the future, the institute should also put the costs of the medication in relation to the previously determined benefits. According to the law, these cost-benefit assessments are intended, on the one hand, to set maximum amounts for certain medications. On the other hand, they can support the Federal Joint Committee (G-BA) in assessing the cost-effectiveness of medical procedures. The proposed concept favors “efficient frontier analysis” as a method. The second element is a “budget impact analysis” to estimate how decisions affect healthcare spending.