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Affordability

Affordability

Affordability is the capability to allocate financial funds to an individual or societal need.

Thus, we see a need to differ between a society’s capability to afford a health technology and the individual capability to afford a health technology which is not financed by the health care system / health insurance.

The affordability is closely related to the idea of choice. Affordability has different degrees, depending on the allocation and trade-offs.