The Cost-Effectiveness Analysis (CEA)

Cost-Effectiveness Analysis (CEA) is a method used to compare the costs and benefits of different health interventions or programs. It assesses which option provides the most health benefit for the amount of money spent. By calculating a ratio of cost to effect (such as cost per quality-adjusted life year gained), decision-makers can determine the most efficient way to allocate limited resources. CEA helps prioritize interventions that offer the best value, ensuring that healthcare budgets are used effectively to maximize health outcomes.