Priority setting in the health sector using cost-effectiveness – The WHO-CHOICE approach

Abstract

Cost-effectiveness analysis maximizes benefit and aligns with consequentialist ethics. It informs strategic planning and ethical decision-making, especially in healthcare, where the WHO-CHOICE approach provides a systematic framework. This approach emphasizes maximizing health benefits within budget constraints, considering opportunity costs and trade-offs, promoting equity, involving stakeholders, and using evidence-based methods. By integrating these principles, cost-effectiveness analysis helps decision-makers allocate resources efficiently and prioritize interventions to achieve the greatest possible health benefit. – AI-generated abstract.