Sample interview questions: How do you approach estimating the economic burden of diseases and healthcare conditions?
Sample answer:
- Identify the disease or healthcare condition of interest. This is the first and most important step, as it will determine the scope of your analysis.
- Gather data on the prevalence, incidence, and mortality of the disease or healthcare condition. This data can be obtained from a variety of sources, including government agencies, health insurance companies, and medical journals.
- Estimate the direct costs of the disease or healthcare condition. Direct costs are those that are directly related to the treatment of the disease or healthcare condition, such as hospital stays, doctor visits, and prescription drugs.
- Estimate the indirect costs of the disease or healthcare condition. Indirect costs are those that are not directly related to the treatment of the disease or healthcare condition, but are still caused by the disease or healthcare condition, such as lost productivity, premature death, and caregiver burden.
- Calculate the total economic burden of the disease or healthcare condition. The total economic burden is the sum of the direct and indirect costs.
Additional Tips for Estimating the Economic Burden of Diseases and Healthcare Conditions
- Use a variety of data sources. No single data source is perfect, so it is important to use a variety of data sources to get a complete picture of the econ… Read full answer
Source: https://hireabo.com/job/7_4_38/Healthcare%20Economist