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 “Societal Cost”

E

Economic BurdenCost Burden, Societal Cost Burden
The total cost imposed on a health system, individuals, or society by a specific disease, injury, or risk factor.

S

Societal 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.