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.
B
- Budget CapBudget Ceiling, Programme Spending Cap
- A fixed upper limit on the total amount a payer will spend on a specific programme, drug class, or budget category.
E
- Expenditure ControlExpenditure Limitation, Spending Restraint
- The mechanisms used to monitor and limit healthcare spending within a budget, such as prior authorisation and global budget caps.
G
- Global Budget SystemSector Budget Cap, Total Budget Arrangement
- A financing arrangement where providers or an entire sector operate within a predetermined total spending limit, rather than being paid per service.
V
- Volume ControlVolume Management, Quantity Control
- Mechanisms used to manage or limit the total quantity of healthcare services delivered, such as capacity constraints or global budget caps.