Health Economics 101: Do Health Care Goods/Services Follow Standard Economic Rules?

Keyword(s):  
2021 ◽  
pp. 1-16
Author(s):  
Bjørn Hofmann

Abstract Although efficiency is a core concept in health economics, its impact on health care practice still is modest. Despite an increased pressure on resource allocation, a widespread use of low-value care is identified. Nonetheless, disinvestments are rare. Why is this so? This is the key question of this paper: why are disinvestments not more prevalent and improving the efficiency of the health care system, given their sound foundation in health economics, their morally important rationale, the significant evidence for a long list of low-value care and available alternatives? Although several external barriers to disinvestments have been identified, this paper looks inside us for mental mechanisms that hamper rational assessment, implementation, use and disinvestment of health technologies. Critically identifying and assessing internal inclinations, such as cognitive biases, affective biases and imperatives, is the first step toward a more rational handling of health technologies. In order to provide accountable and efficient care we must engage in the quest against the figments of our minds; to disinvest in low-value care in order to provide high-value health care.


Vestnik ◽  
2021 ◽  
pp. 313-316
Author(s):  
И.Г. Турсумбай ◽  
Л.К. Кошербаева

Одним из последствий осуществления медицинской деятельности в разнообразных хозяйственных формах является изменение экономического положения работников здравоохранения. От количества и качества их труда зависит экономический результат деятельности лечебно-профилактических учреждений (ЛПУ) в целом. В статье приводится сравнительный анализ занимающихся подготовкой экономистов в области здравоохранения по различным критериям. Подчеркивается необходимость непрерывного совершенствования подготовки управленческих кадров в области экономики здравоохранения в современных условиях развития общества. One of the consequences of the implementation of medical activities in various economic forms is a change in the economic situation of health care workers. The number and quality of their work depends on the economic result of the activities of medical and preventive institutions (LPU) as a whole. The article presents a comparative analysis of the health economists who are engaged in training according to various criteria. The necessity of continuous improvement of training of managerial personnel in the field of health economics in the modern conditions of society development is emphasized.


2015 ◽  
Vol 3 (1) ◽  
pp. 68-86 ◽  
Author(s):  
Fredrik Hansen ◽  
Anders Anell ◽  
Ulf-G Gerdtham ◽  
Carl Hampus Lyttkens

Health care systems around the globe are facing great challenges. The demand for health care is increasing due to the continuous development of new medical technologies, changing demographics, increasing income levels, and greater expectations from patients. The possibilities and willingness to expand health care resources, however, are limited. Consequently, health care organizations are increasingly required to take economic restrictions into account, and there is an urgent need for improved efficiency. It is reasonable to ask whether the health economics field of today is prepared and equipped to help us meet these challenges. Our aim with this article is twofold: to introduce the fields of behavioral and experimental economics and to then identify and characterize health economics areas where these two fields have a promising potential. We also discuss the advantages of a pluralistic view in health economics research, and we anticipate a dynamic future for health economics.Published: Online May 2015. In print December 2015.


The advancement of mathematical model has utilized for simulating the output of medical is a development area over medicine whereas the modeling can be mentioned with several activities namely simulation or decision analysis and predictive modeling. However, the traditional modeling technique utilized in planning of health service, assessment reports and its efficiency, financing about health care and assessment in budget impact, assessment in health economics, surveillance of infectious disease and other health care application. Therefore, the mathematical modelling is performed as a frequent and timely benefit in order to make rapid decision making while facing investigation with several issues like time elapsing, unusual and unethical particularly projected for future. This paper focused in applying the mathematical modeling to accomplish an optimal decision making in healthcare whereas this study discuss about the specific modeling concepts namely decision tree and fuzzified rule tables on evaluation of health economics and better service planning that my replicate the individual experience or patients cohorts.


BMJ ◽  
1982 ◽  
Vol 285 (6353) ◽  
pp. 1485-1486 ◽  
Author(s):  
G H Mooney ◽  
M F Drummond

2018 ◽  
Vol 21 (2) ◽  
pp. 131-139 ◽  
Author(s):  
Darius N. Lakdawalla ◽  
Jalpa A. Doshi ◽  
Louis P. Garrison ◽  
Charles E. Phelps ◽  
Anirban Basu ◽  
...  

2018 ◽  
Author(s):  
Bruce L Hall

The production of health as an output of various inputs is a key concept of health care economics and a key influence on health care policy. Similarly, the notion of risk—that an outcome might not turn out as expected or hoped—underpins the entire theory of insurance. Insurance, and the benefits it can provide, cannot be understood without understanding risk, or without understanding how the features of an insurance contract transform risk for the individual, the payer, or society. The health economist, policy maker, leader, expert operator, financier, insurer, clinician of any stripe, patient or family or advocate, or other interested stakeholder must always consider the structural, clinical, and economic anatomy of health care in the context of the underlying physiology of these economic concepts. This review contains 2 figures, 1 table, and 14 references. Key Words: health economics, health policy, health production, marginal return (diminishing), utility, inputs, QALY, risk (aversion or tolerance), insurance (contract features)


2014 ◽  
Vol 32 (3) ◽  
pp. 231-234 ◽  
Author(s):  
Wannian Liang ◽  
Jipan Xie ◽  
Hongpeng Fu ◽  
Eric Q. Wu

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