Term: Micro-Costs

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Glossary Definition

Last Updated: 2010-05-05

Definition:

User-specific or individual costs (vs. standard or average costs). In this study, micro-costing is done for physician services and prescription drugs, where a claim with a specified cost is submitted for each service or prescription provided to individuals.

Related terms 

• Micro-Costing
• Standard Costs

References 

• Finlayson G, Ekuma O, Yogendran M, Burland E, Forget E. The Additional Cost of Chronic Disease in Manitoba. Winnipeg, MB: Manitoba Centre for Health Policy, 2010. [Report] [Summary] (View)