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.

2 terms matching “Drug Cost”

D

Drug CostMedication Cost, Pharmaceutical Cost
The total expense of a pharmaceutical treatment, covering acquisition price and, where relevant, associated administration and monitoring costs.

P

Price Growth
The component of rising healthcare expenditure attributable to increases in input prices, such as wages or drug costs, rather than volume or intensity.