Ethical Issues in Resource Allocation

Ethical Issues in Resource Allocation Term Paper example
College
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Nursing
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Name: Instructor: Course: Date: Ethical Issues in Resource Allocation A Cost Effective Analysis (CEA) is used whenever treating different individuals because of the concerns of the equity in different people. CEA is not objectionable when it is being used only for the evaluation alternative…

Introduction

45). During the resource allocation in medical assistance, we should be able to satisfy two main ethical criteria. I should be able to be cost effective to the limited resources that are used in the health care facility where I will make sure that I am able to utilize the available resources to maximize the health benefits of the patients that I serve. By using the cost effectiveness analysis of the available alternative health intervention measures, I should be able to consider the respective costs and benefits to determine the efficiency of these intervention measures. The ethical issue here is deciding whether, after I take such considerations in to account, I will be able to give the same quantity of the health benefits in the future. I will manage to use the CEA to be able to analyze the benefits of using such interventions and be able to help the patients in the future. An outstanding example is where I have to decide on using a program that might save one hundred people now or decide on another that will help save two hundred people at a later date. The second program will save a lot of people, but on applying a three percent discount rate to the lives that will be saved in the future; they will be an equivalent to 78 of the lives that can be saved at the moment. ...
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