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
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
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
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
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
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:
7
Q
How many adults aged between 45 to 64 years died of disease?
A
23.8%