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.
C
- Cost AllocationShared Cost Allocation, Overhead Allocation, Indirect Cost Allocation, Cost Apportionment
- Cost allocation is the assignment of shared or indirect resource costs to defined services, activities, or populations using an explicit allocation rule.
I
- Indirect Cost
- A cost associated with an intervention that is not directly incurred in providing it, such as lost productivity from illness or premature death.
S
- Societal CostSocietal Perspective Cost, Total Social Cost
- The total cost of an intervention from the broadest perspective, covering direct healthcare, direct non-medical, and indirect costs regardless of who bears them.