There is high demand on public services whilst public spending is being squeezed. Investment in prevention (‘preventative spend’), could meet demand in a cost-effective way.
Our work so far has found that
- many preventative measures are cost-effective
- some forms of prevention are likely to reduce health inequalities
- some of these interventions will reduce the future demand for health and social care
- some will be cost-saving, but most will generate further health and other beneﬁts for extra costs
- there is increasing evidence that taxation or other policies affecting prices, regulations, and legislation to change behaviours are likely to be both cost-effective and effective in reducing health inequalities.
Our Economics of Prevention inequality briefing outlines current evidence on the economics of prevention. It provides links to a range of recent evidence from organisations like World Health Organization, the National Institute for Health and Clinical Excellence (NICE) and Public Health England.
Our study ‘Best preventative investments in Scotland – what the evidence and experts say’ sets out the principles and specific areas for action for policy makers to consider.
Identifying cost effective actions
There are several sources of support to identify cost effective actions.
- The Health Economic Network for Scotland (HENS) website has resources and information about events and training that will help you apply health economics in your work and take part in networking activities.
- Seek support from someone with health economics skills to help you identify what economic evidence and analysis you might need to inform your work
- Access health economics evidence resources through, for example,
- NICE (external website)
- the NHS Economic Evaluation Database hosted at the University of York Centre for Reviews and Dissemination (external website).