WEEK 8: Economics of health Flashcards

1
Q

What is economics and what is the relevance of economic to health?

A
  • The science of scarcity

- The relevance of economics to public health rests on the notions of scarcity and the consequent need to make choices

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2
Q

what are some reasons that bad health may contribute to poor economic status?

A
  • Time off work
  • Expense of having a family member with a chronic illness can push families over the poverty line
  • Families may need to choose between paying for medical or other basics eg food, rent
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3
Q

what does medically indigent and catastrophic payments mean?

A
  • Medically indigent: - US term for people who become poor due to medical bills
    Catastrophic payments: When healthcare costs represent more than 10% of a households total consumption
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4
Q

How can a low income lead to a greater risk of premature illness and death and Poorer health outcomes?

A
  • Reduced acess to other social determinants of health
  • Greater exposure to health risks
  • Increased stress and loss of control
  • Greater marginalisation, less sense of social cohesion
  • Emotional and social costs
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5
Q

How does disease impact the economy?

A
  • Loss of annual economic growth
  • Traps families & communities in a downward spiral of poverty, disproportionately affecting marginalised and poor people who cannot afford treatment, or who have limited access to health care
  • Lower attendance at schools and workplaces
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6
Q

what are the Determinants of health expenditure

A
  • State of world economy
  • State of national economy
  • Level of economic development, per capita income and income distribution of the country
  • Health vs other needs of population:
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7
Q

How many adults aged between 45 to 64 years died of disease?

A

23.8%

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