Explainer
How health systems decide which treatments to pay for when budgets are finite
Every health budget involves rationing, whether openly or not. Formal assessment methods try to make those choices consistent, transparent and defensible.
Every health budget involves rationing, whether openly or not. Formal assessment methods try to make those choices consistent, transparent and defensible.
Spending on preventing illness is widely praised and chronically underfunded. The reasons lie in who pays, who benefits and when.
Drug prices reflect not just production costs but bargaining power, regulation and the way companies recover the cost of research.