Budget Impact Analysis

The extent to which a person, household or payer can meet the cost of needed health care within available resources without unacceptable financial hardship or displacement of other priorities.

A standard judging whether a new technology's aggregate cost is sustainable within a health system's resources, considered separately from cost-effectiveness.

A fixed upper limit on the total amount a payer will spend on a specific programme, drug class, or budget category.

The limit on combinations of goods, services or programmes that can be financed from a specified budget at given prices or costs.

An individual or department with formal responsibility for managing a defined portion of an organisation's budget.

Budget impact is the change in expenditure expected for a specified budget holder when a health technology, programme, or policy is introduced compared with the current or alternative funding scenario.

An assessment of how adopting a health technology or policy would change spending for a particular budget holder over a specified period.

A standard determining whether a new technology's projected budget impact is significant enough to warrant additional scrutiny or a modified pathway.