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Careersβ€ΊRolesβ€ΊHealth Economics Consultant
Mid-Level

Health Economics Consultant

Does a new drug or program justify its cost? A health economics consultant answers questions like that β€” modeling the costs, outcomes, and value of healthcare so payers, pharma, and governments can decide. Where medicine meets the spreadsheet.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
I
C
E
A
S
R
Investigativeanalytical, curious
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Health Economics Consultants
Wholesale & DistributionGovernment Β· 54%Professional Services Β· 25%Financial Services Β· 10%Consumer Services Β· 3%Education Β· 2%
Job markets for Health Economics Consultants
Employment concentration Β· ~56 areas
Based on employment in related occupations
Mapped SOC categories:
Science
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Health Economics Consultant

The work tends to run on building models and analyzing health data, then translating it for decision-makers. You sit between clinical evidence and financial reality, and much of the value is turning messy data into a defensible number. Reports, client work, and deadlines structure the days.

Settings range from consulting, pharma, government, or academia, each with its own pressures. For many, the hard part can be drawing confident conclusions from imperfect, contested data, then defending them. Stakes are high, the work can feel removed from actual patients, and methods and scrutiny keep rising.

What this rewards is someone analytical, rigorous, and a clear explainer. Trade-offs can include politically charged findings and distance from the bedside. For someone who likes using economics to shape what healthcare actually pays for β€” and can sit with uncertainty β€” the work can be quietly influential.

What people in this role value
Working ConditionsAbove avg
IndependenceAbove avg
AchievementAbove avg
RecognitionAbove avg
SupportLower
RelationshipsLower
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Professional Services$92K+15%
Technology & Information$91K+13%
Energy & Utilities$82K+2%
Financial Services$81K+2%
Wholesale & Distribution$79K-1%
Compared to Science average across all industries
1 BLS OEWS May 2024 covers all Health Economics Consultants (SOC 19-3011.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Science β†’
Health Economics ConsultantAgricultural Economics ProfessorEconomics Faculty MemberLabor Economics ProfessorEconomics Adjunct ProfessorAdjunct Economics InstructorIndustrial Economics TeacherEconomics Assistant ProfessorAgricultural Economics TeacherIndustrial Economics ProfessorInternational Trade SpecialistResearch AnalystPolicy AdvisorPolicy OfficerEconomic DeveloperForecast AnalystResearch EconomistAgricultural EconomistEnvironmental EconomistEconomistEconometricianEconomic AdvisorForest EconomistHealth EconomistEconomic Specialist+1 more
Exploring the Health Economics Consultant career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$62K–$213K
Salary Range
10th – 90th percentile
16K
U.S. Employment
+1.2%
10yr Growth
900
Annual Openings

How this category is changing

$77K$74K$71K$68K$65K201920202021202220232024$65K$77K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

Critical ThinkingMathematicsReading ComprehensionWritingJudgment and Decision MakingSpeakingActive ListeningActive LearningComplex Problem SolvingSystems Evaluation
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
19-3011.00

Explore related roles

Roles with similar work and overlapping career paths

midAgricultural Economics Professor$103KmidEconomics Faculty Member$120KmidLabor Economics Professor$120KmidEconomics Adjunct Professor$120KmidAdjunct Economics Instructor$120KmidIndustrial Economics Teacher$120K
View all Science roles β†’

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.