Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
E
- Endocrinology EconomicsTermEconomics of Endocrinology, Hormonal Disorder Economics
- The application of health economic evaluation to conditions affecting hormone-producing glands, including diabetes, thyroid disorders, and other endocrine conditions.
- Endowment Effect ConceptTermEndowment Effect, Divestiture Aversion
- The tendency to value goods or outcomes already owned more highly than identical items not yet owned.
- Energy LevelTermVitality, Perceived Energy
- A clinical outcome measure capturing a patient's perceived vitality, often assessed as a subdomain within broader quality of life or fatigue instruments.
- EnrollmentTermTrial Enrolment, Participant Registration
- The process of recruiting and formally registering participants into a trial after confirming they meet the study's eligibility criteria.
- Enrollment DesignTermEnrolment Design, Sign-Up Rules
- The processes and rules governing how and when individuals can sign up for a plan, including open enrolment periods and defaults.
- ENT EconomicsTermOtolaryngology Economics, Ear Nose and Throat Economics
- The application of health economic evaluation to ear, nose, and throat conditions, spanning hearing loss, sinus conditions, and head and neck cancers.
- Entitlement DefinitionTermBenefit Entitlement, Right-to-Benefit Criteria
- The legal and administrative criteria establishing an individual's right to receive benefits under a public programme, such as Medicare.
- Entity DefinitionTermDES Entity Specification, Entity Specification
- The specification of the individual units, such as patients, that flow through and interact with a discrete event simulation.
- Environmental DataTermEnvironmental Health Data, Physical-Environment Data
- Data capturing physical environment characteristics, such as air quality or water contamination levels, used to study their relationship with health outcomes.
- Environmental EpidemiologyTermEnvironmental Epi, Exposure Epidemiology
- A branch of epidemiology studying how physical environment exposures, such as air pollution, affect human health outcomes within populations.
- Environmental Health PolicyTermEnvironmental Health Regulation, Environmental Policy for Health
- Government policy addressing health risks from environmental exposures, such as air pollution or contaminated water, covering regulatory standards and remediation.
- EpidemicTermDisease Outbreak, Excess Case Occurrence
- An occurrence of disease cases clearly in excess of what would normally be expected within a community over a defined period.
- Epidemic Modelling EconomicsTermOutbreak Modelling Economics, Transmission Modelling Economics
- The application of health economic evaluation to outbreak interventions, built on dynamic transmission models capturing how disease spreads through a population.
- EpidemiologyTermEpidemiological Science, Study of Disease Distribution
- The study of the distribution and determinants of health-related states within specified populations, and applying that knowledge to control health problems.
- Epilepsy EconomicsTermEpilepsy Cost-Effectiveness, Seizure Disorder Economics
- The application of health economic evaluation to epilepsy, comparing anti-seizure medication, dietary therapy, and, in select cases, surgical treatment.
- Episode CostTermCost per Episode, Care-Episode Expense
- The total expense of a defined clinical episode, such as a hospital admission, from its beginning through resolution.
- Episode PaymentTermEpisode Reimbursement, Per-Episode Bundled Payment
- A payment covering all services associated with a defined clinical episode, such as surgery and recovery, rather than separate payments per service.
- Episode-Based PaymentTermBundled Episode Reimbursement, Care-Episode Reimbursement
- A methodology reimbursing a single, comprehensive amount for all care within a defined clinical episode, incentivising efficient, coordinated care.
- EQ-5DTermEuroQol 5D, EQ5D
- A generic instrument measuring health-related quality of life across five dimensions, including mobility, self-care, and pain, widely used to generate cost-utility values.
- EQ-5D-3LTermEQ-5D-3-Level, Three-Level EQ-5D
- The original three-level version of the EQ-5D, scoring each of the five health dimensions as no problems, some problems, or extreme problems.
- EQ-5D-5LTermEQ-5D-5-Level, Five-Level EQ-5D
- An extended version of the EQ-5D scoring each health dimension using five severity levels rather than three, improving sensitivity to smaller changes.
- Equal Value of Life Year GainedTermevLYG, Equal-Value Life-Year
- An alternative to the QALY that values every extra year of life gained equally, regardless of the quality of life experienced during it.
- Equal WeightsTermEqual Weighting, Unweighted Pooling
- A method combining multiple experts' judgements by giving each opinion identical weight in the pooled estimate, unlike performance-based weighting.
- Equi-Effective DoseTermEquieffective Dose
- Equi-effective dose, in PBAC cost-minimisation, is the dose of a new medicine and of its main comparator judged equally effective, used to compare costs.
- EquilibriumConceptMarket Balance, Balanced State
- A state in an economic system where opposing forces, such as supply and demand, balance so there is no inherent tendency to change.
- Equilibrium PriceConceptMarket-Clearing Price, Balancing Price
- An equilibrium price is the price at which quantity demanded equals quantity supplied in a specified market under the model's stated conditions.
- Equipment ManagementTermMedical Device Upkeep, Biomedical Asset Management
- The processes an organisation uses to acquire, maintain, and appropriately use its medical equipment, including preventive maintenance and inventory tracking.
- Equitable AccessTermFair Access, Equitable Healthcare Access
- A state where individuals have a fair opportunity to obtain needed healthcare regardless of income, geography, or ethnicity irrelevant to clinical need.
- EquityConceptFairness Principle, Distributional Fairness
- Equity is fairness in how health, healthcare and its financing are distributed: equal treatment for equal need, and appropriately more for greater need.
- Equity AnalysisConceptFairness Assessment, Distributional Equity Assessment
- An assessment of whether the distribution of health, access, or financing burden across a population is fair, distinct from merely equal.
- Equity CriterionTermFairness Criterion, Equity Decision Standard
- A standard judging whether a funding decision would exacerbate or reduce existing disparities in health outcomes or access.
- Equity GapTermFairness Gap, Avoidable Disparity
- The observed difference in health outcomes, access, or financing burden between population subgroups that is considered unfair or avoidable.
- Equity-Efficiency Trade-offConceptEquity-Efficiency Tradeoff, Efficiency-Equity Trade-off, Equity and Efficiency Trade-off
- The equity-efficiency trade-off is the total health given up for a fairer distribution when the option that maximises health is not the fairest one.
- Equity-Weighted AnalysisConceptEquity-Weighted CEA, Weighted Health Gain Analysis
- Equity-weighted analysis is a cost-effectiveness analysis in which health gains for priority groups, such as the severely ill, are weighted more heavily.
- Equivalence TrialConceptEquivalence Study, Therapeutic Equivalence Study
- A trial designed to show a new treatment's effect is neither substantially better nor worse than an existing treatment, within a set margin.
- Equivalent VariationConceptEV
- Equivalent variation (EV) is the income change, made instead of a price, health or policy change, that leaves a person as well off as that change would.
- Error CheckingTermFormula Verification, Model Debugging Check
- The systematic review of a model's formulas, code, and outputs to identify mistakes such as incorrect cell references or logical inconsistencies.
- Error ReportingTermError Documentation, Mistake Reporting
- The systematic documentation of mistakes or near misses within an organisation, intended to identify patterns and inform safety improvement.
- Essential BenefitsTermEssential Service Set, Core Benefits
- A defined set of healthcare services considered fundamental to basic health needs, often used to design a publicly funded package.
- Essential Health BenefitsTermEHB, Mandated Benefit Categories
- A defined set of service categories certain plans must cover under regulatory standards, ensuring a baseline level of comprehensive coverage.
- Essential Package DesignTermBenefit Package Design, Basic Package Definition
- The process of determining which healthcare services will be included within a defined, typically publicly funded, basic benefits package.
- Established TechnologyTermMature Technology, Routine-Use Technology
- A technology in routine clinical use for an extended period, with a well-developed evidence base and generally accepted role in care.
- Ethical CriterionTermEthics Criterion, Ethical Decision Standard
- A standard reflecting a specific ethical principle, such as fairness or patient autonomy, used to inform an assessment or policy decision.
- Ethical EvidenceTermEthics Evidence, Ethical-Dimension Analysis
- Information or analysis addressing the ethical dimensions of a technology or policy decision, such as its effect on patient autonomy.
- Ethical FeasibilityTermEthics Feasibility, Ethical Acceptability Assessment
- An assessment of whether a proposed policy option is ethically acceptable given prevailing values, considering fairness and potential harm.
- Ethical ReviewTermEthics Review, Ethical Appraisal
- A formal evaluation of the ethical acceptability of a proposed research study or health policy, conducted by a dedicated committee.
- Ethical StandardsTermEthics Standards, Professional Ethical Principles
- The specific principles governing appropriate professional conduct within a field, intended to protect the interests and wellbeing of those affected.
- Ethics CommitteeTermREC, Institutional Ethics Panel
- A body responsible for reviewing the ethical acceptability of proposed research or clinical practices, evaluating risk, merit, and adherence to principles.
- Ethics ConsultationTermClinical Ethics Advice, Ethics Advisory Service
- A service provided by ethics experts to help clinicians, patients, or researchers navigate an ethically complex situation or decision.
- Ethics HTA CommitteeTermHTA Ethics Panel, HTA Ethics Advisory Body
- A body advising an assessment organisation on the ethical dimensions of specific decisions, such as effects on patient autonomy or fairness.