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PBS Planning: Modelling and Implications

In: Normative Health Economics

Author

Listed:
  • Sardar M. N. Islam

    (Victoria University)

  • Christine Suet Yee Mak

    (Victoria University)

Abstract

In the previous chapter, a cost benefit analysis of six medications was performed- That exercise was useful in providing information in decision-making about listing individual medication on the Pharmaceutical Benefit Scheme (PBS) in Australia. However, a realistic exercise of health programs evaluation should also be in the form of proactive health sector planning. In health sector planning, a set of health programs is chosen from alternatives to be financed by the available budget. In this chapter, we develop a PBS sub-sector planning. We apply the new3 cost benefit analysis developed in Chapter 3 to sub-sector planning of PBS (we call it PBS planning), and discuss the implications of PBS sub-sector planning in selecting a set of medications for PBS listing that can maximise health and social welfare of the society.

Suggested Citation

  • Sardar M. N. Islam & Christine Suet Yee Mak, 2006. "PBS Planning: Modelling and Implications," Palgrave Macmillan Books, in: Normative Health Economics, chapter 7, pages 167-196, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28905-5_7
    DOI: 10.1057/9780230289055_7
    as

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