What are the Applications of Micro Costing in Epidemiology?
Micro costing has several applications in epidemiology, including:
Economic evaluation of healthcare interventions: By providing detailed cost data, micro costing helps in the assessment of the cost-effectiveness of different public health interventions. Burden of disease studies: Micro costing can be used to calculate the direct medical costs associated with specific diseases, helping to understand their economic impact on the healthcare system. Policy making: Accurate cost data from micro costing can inform policymakers about the most efficient allocation of resources and the potential economic benefits of different health policies.
