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.
M
- Mental ContrastingTermMental Contrast Technique, WOOP Method
- A self-regulation technique in which a person compares a desired future outcome against the present reality blocking it.
- Mental FunctioningTermMental Function Domain, Psychological Functioning
- A broad outcome domain covering a person's cognitive, emotional, and psychological capacities together, often assessed as a composite within health status instruments.
- Mental Health EconomicsConceptPsychiatric Economics, Behavioural Health Economics
- The broad application of health economic evaluation to mental health conditions and treatment, spanning prevention, psychotherapy, medication, and specialist psychiatric services.
- Mental Health ParityTermParity Law, Behavioural Health Parity
- A policy principle, and in some places a legal requirement, that insurance coverage for mental health treatment be no more restrictive than for physical health.
- Mental Health PolicyTermMH Policy, Psychiatric Policy
- Government or organisational policy governing the financing, delivery, and regulation of mental health services, covering insurance parity and community funding.
- Mental Health PreventionTermPsychological Prevention, Behavioural Health Prevention
- Interventions aimed at preventing mental health conditions or reducing their severity through early identification, spanning universal and targeted approaches.
- Mental Health Service CoverageTermBehavioural Health Coverage, Psychiatric Service Coverage
- A measure of the extent to which a population has access to needed mental health diagnosis and treatment services.
- Merit GoodTermMeritorious Good, Socially Encouraged Good
- A good society deems worthy of consumption regardless of an individual's own willingness to pay for it, often subsidised by government.
- Meta-AnalysisConceptEffect-Size Pooling, Pooled Analysis
- Meta-analysis statistically combines effect estimates from multiple studies addressing a sufficiently similar question.
- Meta-Regression TransferTermMeta-Regression Benefit Transfer, Regression-Based Transfer
- A form of benefit transfer in which a regression model estimated across many original studies predicts a value for a new context based on its characteristics.
- Metabolic Disease EconomicsTermMetabolic Syndrome Economics, Endocrine Disease Economics
- The application of health economic evaluation to conditions involving disrupted metabolic processes, including diabetes, obesity, and metabolic syndrome.
- Metal TierTermCoverage Tier, Plan Metal Level
- A US Affordable Care Act classification categorising plans, such as bronze, silver, gold, and platinum, by their actuarial value.
- MetamodelTermModel Emulator, Response-Surface Model
- A simplified statistical approximation of a more complex model, built to run faster while still capturing its essential input-output relationships.
- MetastasisTermMetastatic Spread, Secondary Tumour
- The spread of cancer cells from the original tumour site to other parts of the body, typically indicating more advanced disease.
- Method of MomentsConceptMoM, Moment Estimation
- A technique estimating a distribution's parameters by equating sample moments, such as mean and variance, to their theoretical population equivalents.
- Methodological QualityTermStudy Quality, Methodological Rigour
- An overall assessment of whether a model or study followed accepted good practice standards, covering comparator choice, time horizon, and reporting transparency.
- Methodological UncertaintyTermMethods Uncertainty, Analytic Uncertainty
- Uncertainty arising from the choice of analytical methods or structural assumptions, such as discount rate, rather than the numerical values used within a fixed method.
- Methodology HTA GroupTermHTA Methods Group, HTA Methodology Committee
- A team within an assessment organisation responsible for developing and maintaining the technical methods and standards applied across its work.
- Metropolis-HastingsConceptMH Algorithm, Metropolis Algorithm
- A Markov chain Monte Carlo algorithm generating samples by proposing candidate values and accepting or rejecting them by a rule ensuring convergence.
- mHealth Cost-EffectivenessTermMobile Health CEA, Digital Health CEA
- An assessment of the cost-effectiveness of mobile health apps used to support disease management, monitoring, or health behaviour change.
- MHRATermMedicines and Healthcare products Regulatory Agency, UK Medicines Regulator
- The Medicines and Healthcare products Regulatory Agency, the UK body responsible for the safety, quality, and efficacy of medicines and devices.
- Micro-CostingConceptDetailed Resource Costing, Micro-Level Cost Analysis
- Micro-costing is a detailed method of estimating the cost of healthcare activities by identifying and measuring their individual resource components and valuing each component with an appropriate unit cost.
- MicroinsuranceTermMicro-Insurance, Low-Income Health Insurance
- A small-scale insurance product providing affordable financial protection to low-income individuals, often in settings lacking formal comprehensive insurance.
- MicrosimulationConceptMicro-Simulation, Agent-Level Simulation
- Microsimulation models individuals one at a time, allowing their characteristics and event histories to influence future outcomes.
- Middle-Income CountryTermMIC, Middle-Income Economy
- A country classified by gross national income per capita as falling within an intermediate tier of an international income classification system.
- Migraine EconomicsTermHeadache Economics, Migraine Cost of Illness
- The application of health economic evaluation to migraine, comparing acute treatment, preventive medication, and newer targeted therapies for this recurrent, often disabling condition.
- Mild Cognitive ImpairmentTermMCI, Pre-Dementia Impairment
- A clinical state involving noticeable cognitive decline beyond what is expected for age, but not severe enough to significantly impair daily independent functioning.
- Milestone AnalysisTermMilestone Survival, Fixed-Timepoint Analysis
- A survival technique examining the proportion of patients event-free at a specific, predefined follow-up time, rather than reporting a full curve.
- Mini-HTATermMini Health Technology Assessment, Rapid Hospital HTA
- A simplified, abbreviated form of assessment for use at hospital or department level, typically applied to lower-cost or lower-risk technologies.
- Minimal Clinically Important DifferenceConceptMCID, Minimal Important Difference
- The minimal clinically important difference (MCID) is the smallest change in an outcome score that patients perceive as important, beneficial or harmful.
- Minimal Residual DiseaseTermMRD, Molecular Residual Disease
- The small amount of disease still detectable using highly sensitive techniques after treatment appears, by less sensitive measures, to have achieved complete response.
- Minimal ResponseTermMinor Response, Slight Response
- A response criterion indicating some improvement following treatment, but of a lesser degree than a partial or major response under disease-specific criteria.
- Minimal RiskTermLow-Risk Threshold, De Minimis Risk
- A regulatory classification indicating a study's anticipated harm probability and magnitude are no greater than those of ordinary daily life.
- Minimally Invasive SurgeryTermMIS, Keyhole Surgery
- Surgical techniques using smaller incisions and specialised instruments to reduce tissue damage compared with traditional open surgery, often shortening recovery.
- Minimum Effective DoseTermMED, Threshold Dose
- The lowest drug dose that produces a clinically meaningful therapeutic effect, important for both safety and avoiding unnecessary medication cost.
- Minimum Essential CoverageTermMEC, Qualifying Coverage
- A regulatory standard defining the minimum insurance level required to satisfy an individual mandate, covering most employer, government, and marketplace plans.
- Minimum NecessaryTermLeast-Data Principle, Need-to-Know Data Rule
- A US privacy principle requiring only the minimum amount of protected health information necessary for a specific purpose be used or disclosed.
- Minimum ValueTermMV Standard, Employer Plan Value Test
- A US regulatory standard requiring an employer plan cover at least sixty percent of allowed benefit costs to satisfy the employer mandate.
- Minor ConsentTermPaediatric Consent, Youth Consent
- The legal authority of an individual below the age of majority to independently consent to specific categories of treatment, such as reproductive health.
- Missing at RandomConceptMAR, Random Missingness
- Missing at random is a missing-data mechanism in which, conditional on observed data, the probability of a missingness pattern does not depend on the values that remain unobserved.
- Missing Completely at RandomConceptMCAR, Fully Random Missingness
- A missing data classification indicating the probability of missingness is entirely unrelated to any observed or unobserved variables, the strongest assumption.
- Missing DataConceptIncomplete Data, Data Missingness
- Unobserved or unavailable values required for a specified analysis, whose consequences depend on the pattern, mechanism and target estimand.
- Missing Data MethodsTermMissing Data Techniques, Incomplete-Data Methods, Missing Data Handling
- Statistical techniques, from simple complete case analysis to multiple imputation, used to address incomplete data, chosen based on the likely missingness mechanism.
- Missing Not at RandomConceptMNAR, Non-Ignorable Missingness
- Missing not at random describes a missing-data mechanism in which the probability that a value is unobserved depends on that unobserved value even after conditioning on the available observed information.
- MisuseTermImproper Utilisation, Non-Best-Practice Use
- The use of a service in a manner inconsistent with best practice, resulting in an avoidable complication, unlike overuse or underuse.
- Mixed Effects ModelConceptRandom-Coefficient Regression, Panel-Data Regression
- A mixed effects model combines population-level fixed coefficients with probability-modelled variation across groups or individuals to analyse outcomes with clustered or repeated observations.
- Mixed EvidenceTermHeterogeneous Evidence, Mixed Findings
- A body of evidence including findings from different study types or with differing conclusions, requiring careful synthesis and interpretation.
- Mixed Model Repeated MeasuresTermMMRM, Repeated-Measures Mixed Model
- A longitudinal trial analysis method using a mixed effects framework under the missing at random assumption, an alternative to last observation carried forward.
- Mixed SystemTermHybrid Health System, Pluralistic System
- A health system combining elements of multiple financing and delivery models, such as public and private insurance operating alongside one another.
- Mixture Cure ModelConceptTwo-Component Survival Model, Incidence-Latency Model
- A cure model treating the population as a mixture of a cured fraction facing only background mortality and an uncured fraction remaining at risk.