- Glossary of Terms
Glossary of Terms
We know that many of the concepts used on this site can be difficult to understand. For that reason, we have provided you with a glossary to help you make sense of the terms used in Comparative Effectiveness Research. Every word that is defined in this glossary should appear highlighted throughout the Web site. When you come upon a highlighted term and would like to read the full definition, you can either click on the word to visit the glossary or roll your mouse over the word for a pop-up definition.
- Cost-Benefit Analysis
Definition: A type of analysis that compares the financial costs with the benefits of two or more health care treatments or programs. Health care interventions that have the same or better benefit at a lower cost are better values than treatments or programs that are more expensive.
For example, cost-benefit analyses have been conducted to compare vaccinating people against a certain disease versus treating those people who get sick from the disease when no one is vaccinated.