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
- Country-Specific Value SetNational Value Set, Country Tariff
- A set of utility weights derived from a representative sample of a particular country's population, used to convert instrument responses into a utility score.
P
- Payment by ResultsPbR, Tariff-Based Payment
- A reimbursement arrangement linking a manufacturer's payment explicitly to specific, predefined clinical results achieved by patients, rather than paying regardless of outcome.
- Payment Rate SettingPayment Rate Determination, Tariff Setting
- The process by which a payer determines reimbursement for a service or payment category, incorporating resource cost, market rates, and policy goals.
- Price SchedulePricing Schedule, Tariff Table
- A comprehensive listing specifying the predetermined price a payer or provider will charge or reimburse for each specific service.
T
- TariffSet Fee Schedule, Administered Price
- The specific set of utility weights, derived from a population valuation study, used to convert health status instrument responses into a single score.
V
- Value SetUtility Tariff, Preference Tariff
- The complete collection of utility weights from a population valuation study, used to convert every combination of instrument responses into a utility score.
- Value Set DevelopmentTariff Development, Value Set Construction
- The process of designing, conducting, and analysing a population valuation study to produce a scoring algorithm for a health status instrument.