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.
I
- Incremental Cost-Effectiveness Ratio (ICER)Incremental Cost per Unit, Cost-Effectiveness Ratio
- The incremental cost-effectiveness ratio, or ICER, is incremental cost divided by incremental effectiveness, expressing the additional cost per additional unit of outcome when ratio interpretation is meaningful.
- Incremental EffectivenessAdditional Effectiveness, Incremental Health Gain
- Incremental effectiveness is the difference in health outcomes between an intervention and its comparator, calculated in a consistent outcome unit and comparison direction.