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Health Economics - Cost analysis of health issues, medical expensesBY: chitracs | Category: Education | Post Date: 2008-10-06
The health economics concerns with management of available resources for health care and analyse the scarcity. The study of health economics deals with economic evaluation, different health systems and how much money is allocated to take care of the needs. The health care of individual persons and the society is taken care of and research for improving the level of both is done in the field of health economics. The existing health care systems are studied well and the changes required are analysed and implemented. The health economist is a person who analyses the issues relating to health economics and helps for finding solutions to the health problems raised. He takes care of resources and allocation to health issues. He introduces new techniques to capture health care market. His prime duty is to take part in health care programs and find a safe, cost effective system for implementation. He should give feed back whenever any health issue comes and he should be able to make others understand the health problems. The health economist also bothers about bad habits affecting health such as smoking and alcoholic drinks. It is the duty of a health economist to help for prevention of diseases. He should know to conduct cost-effectiveness and cost benefit analysis in respect of diagnosis, treatment and medical care after treatment, in respect of all health problems. Also, he should analyse the manpower, machinery available in medical field. He should be able to tell what is the scarcity and where it exist and how to set right it. The economists who are interested in health care may opt for this profession. They should have the thirst for leading and motivating, in problem solving issues. They should possess good communication skill. They should be ready to take any challenge. They need to travel frequently. They need to work in health agencies, pharmaceutical companies, government departments and in research institutes. Any common man may have to spend lot of money suddenly towards health problems. If he is rich, he can manage the risk. Some people might have taken insurance policy which covers the expenses incurred. Those who do not possess the wealth and insurance cover, will suffer a lot. The insurance companies should support by giving good medical policies to cover maximum medical expenses for those in need of medical care. It is the social justice for every citizen of any country to get proper medical care. Some companies insist employees to take medical insurance and in some cases, the employers may pay for medical insurance of employees. Instead of paying employees in the form of pay hike or perks, employers show their care on employees by allowing these benefits. The cost towards health care is increasing day by day due to longevity and increase of cost of medicines and other medical charges. Due to recent advancement in science and technology, in the medical field also there is much improvement noticed and scientists are striving hard to solve any health care problem. People should have the mindset to go for small hospitals if the facilities are good. The death rate of children and women should decline and due medical care should be given to them. Putting in simple words, the cost analysis of health issues is known as health economics. Analysing existing plans, implementing new schemes and plan for future development all come under health economics. For the research activities and for finding medicines in respect of serious diseases such as AIDs and cancer, lot of money is spent. Special care is taken to see that health care schemes are reaching the rural population, children, women and those who are in need. The awareness regarding taking medical policy should be created among public. So, the health economist should perform his duty with much involvement and take more responsibilities, as it is really a service to mankind. Article Source: http://www.saching.com About Author / Additional Info: I am a freelance writer writing articles, short stories, poems and tips for magazines and many of my works are published in magazines. I am getting appreciation from known and unknown people also. From my schooldays, I have got the passion in reading and writing. I have won many prizes while studying in school and college. I want to improve my writing talent and also earn income through this. Hence, I wish to submit articles through this website. Additional Articles: * Advantages of using a digital camera * What is Eid-ul-Fitr: Future dates and the system of Zakath. * Red Carpet Dresses Are Very High Profile * Tips to Shed a Few Extra Pounds! * Learn how to use the power that you have. 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