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This video tutorial on health economic evaluation introduces the concept and its necessity in making informed decisions about health interventions. It highlights that while there are many effective health programs, limited funding means choices must be made to achieve the maximum benefit, a situation referred to as opportunity cost. Health economic evaluation serves as a tool to compare different health interventions based on their costs and outcomes. The tutorial outlines four main types of economic evaluations: cost minimization and cost-effectiveness, among others, emphasizing the importance of these evaluations in optimizing resource allocation in healthcare.
