Valuation of Chemical related Health Impacts

Appendix 3. Glossary

Benefit transfer Use of information designed for one specific con.text to address policy questions in another context
Cycle Time horizon of the Markov simulation divided into equal increments of time; e.g. one year
DDD Defined Daily Dose. Based on definition from WHO, the recommended units of medication for one day
Direct costs Value of medical resources directly related to the treatment
Disease state Progression of a disease characterised by distinct disease situations (states)
DRG Diagnosis Related Groups. System used to assign costs to hospital services
Gross production loss Value of lost production possibilities
GP General Practitioner
HA Hospital Ambulatory
ICD-10 International Classification of diseases. 10th revision.
Indirect costs Value of individual welfare loss and production loss
Markov model State transition model describing progression of a disease or event
Markov model Markov model where the transition probabilities vary (Time dependent) over time
MS Medical Specialist
Net production loss Value of lost net saving to the economy
Transition probability Probability of moving from one state to another during a single cycle
Unit cost estimate Cost per event (e.g. episode of acute headache) or per disease over lifetime (lung cancer)
Utilisation rate Number of services used within a given time period
VLS Value of a statistical life
WTP Willingness to pay

 



Version 1.0 June 2004, © Danish Environmental Protection Agency