Health economics

Branch of economics

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We include updates on Baumol effect, Disability-adjusted life year, Quality-adjusted life year, Orphan drug, Deductible, Critical illness insurance, Cost-effectiveness analysis, Death panel, EQ-5D, Mahatma Jyotiba Phule Jan Arogya Yojana, Medical–industrial complex, Socialized medicine, Case mix, Incremental cost-effectiveness ratio, Medical savings account, Cost–utility analysis ... and more.

2025
Healthcare reform debate in the United States
Projected peak of nursing shortage, with an estimated 230,000 registered nurses needed to address healthcare workforce gaps.
2025
Physician supply
AAMC predicts the physician shortage in the United States could increase to up to 130,600.
2025 From the 2025-26 financial year, the Medicare Levy Surcharge thresholds will be $101,000 for singles and $202,000 for couples.
February 2025 Doctors renewed calls for higher wages and tax relief, suggesting the country's finances could support such increases.
2024
Health care finance in the United States
Health and Human Services Department projects healthcare spending will reach 19.6% of GDP.
2023 WHO and World Bank report aims to increase health service coverage by an additional 477 million individuals.
2023
Health equity
G20 launched the Affordable Healthcare Model Hospital initiative in Srikakulam, Andhra Pradesh, India, opening a 100-bed facility supported by the Aarogyasri scheme to promote healthcare accessibility.
December 2023
Health equity
The United States Food and Drug Administration (FDA) approved two gene therapy treatments for sickle cell disease using CRISPR/Cas9 gene editing technology, marking a significant breakthrough for treating a condition that disproportionately affects Black people.
2022
Health care finance in the United States
The United States spent over $600 billion on medicines, accounting for nearly half of the world's total pharmaceutical expenditure.
2022 A study published in PNAS examined the potential impact of a single-payer universal healthcare system during the COVID-19 pandemic, concluding it could have saved 212,000 lives and averted over $100 billion in medical costs in the United States in 2020.
2022
Effects of climate change on human health
Global study published documenting the increased frequency and severity of heat-related deaths, emphasizing the impact of climate change on human health.
2022
Right to health
Oregon became the first US state to enact a constitutional right to health care through Oregon Ballot Measure 111, marking a significant milestone in recognizing health care as a constitutional right at the state level.
2022
Inequality in disease
A comprehensive study revealed the median weekly income for full-time workers over 25 in the United States, showing significant income disparities based on educational attainment: those without a high school diploma earned $682, high school graduates $853, college graduates $1,432, and doctorate degree holders $2,083.
2022
Inequality in disease
Statistical analysis revealed the median weekly income disparities among workers over 25 based on educational attainment, highlighting significant economic differences between educational levels.
2022 PricewaterhouseCoopers conducted a study for the Association of the British Pharmaceutical Industry, examining 13 medicines recommended by NICE for various conditions and revealing that 1.2 million patients had not received potentially beneficial drugs.
2022
Health policy
EU member states decided to expand cancer screening focus to include prostate, lung, and gastric cancer, broadening the previous screening program.
2022
Effects of climate change on human health
Pakistan experienced severe floods that were likely intensified by climate change, resulting in widespread health impacts including outbreaks of malaria, dengue, and various skin diseases affecting population health both directly and indirectly.
2022
Effects of climate change on human health
The IPCC Sixth Assessment Report addressed climate change impacts on food security, though it did not quantify the specific number of deaths related to food availability changes.
2022
Effects of climate change on human health
Scientific evidence regarding the correlation between fewer cold winter days and mental health benefits was deemed inconsistent.
2022
Health system
Post-pandemic, U.S. healthcare spending relative to GDP declined to 16.6%.
December 2022
Health policy
EU health ministers approved Council conclusions on vaccination, focusing on fighting vaccine reluctance and preparing for future public health challenges through EU cooperation.
2021 The UHC Service Coverage Index (SCI) continued to remain static at 68, indicating no improvement in health coverage.
2021 NICE published new guidelines for ME/CFS, which were criticized by the Royal College of Physicians and 49 academics for not properly evaluating or recommending graded exercise therapy and cognitive behavioral therapy.
2021
Effects of climate change on human health
A headline finding highlighted the increasing marine food security risks due to rising sea surface temperatures across global territorial waters.
2021
Effects of climate change on human health
The Lancet published a pivotal report revealing the unequal health impacts of climate change, highlighting that the most vulnerable populations - including the poor, women, children, elderly, those with pre-existing health conditions, minorities, and outdoor workers - are disproportionately affected by climate-related health risks.
2021
Effects of climate change on human health
The Lancet Countdown Report revealed that high temperatures reduced global potential labour hours by 470 billion, which was a 37% increase compared to the average annual labour hour loss in the 1990s. This report highlighted the significant impact of heat exposure on workforce productivity, particularly in agricultural sectors of developing countries.
2021
EQ-5D
The first EQ-5D-Y valuation study for Slovenia was published, marking a significant milestone in developing health state valuations for pediatric populations.
April 2021
Health equity
WHO reported that 87% of COVID-19 vaccines had been distributed to the wealthiest countries, with only 0.2% going to the poorest countries, revealing stark global health inequities.
February 5 2021
Health equity
WHO head Tedros Adhanom Ghebreyesus highlighted global vaccine inequity, noting that almost 130 countries had not yet received a single COVID-19 vaccine dose.
2020
Health care finance in the United States
The Department of Defense's Tricare health care program served approximately 9.6 million beneficiaries, providing civilian health benefits for U.S. Armed Forces military personnel, military retirees, and their dependents.
2020
Healthcare reform debate in the United States
American Academy of Family Physicians predicted a shortage of 40,000 primary care doctors, including family practice, internal medicine, pediatrics, and obstetrics/gynecology.
2020
Healthcare reform debate in the United States
The Trump administration's efforts to repeal and replace the Affordable Care Act through Congress were unsuccessful.
2020 A study published in The Lancet analyzed the proposed Medicare for All Act, finding it would potentially save 68,000 lives and $450 billion in national healthcare expenditure annually.
2020
Health care
United States healthcare industry accounts for 18% of gross domestic product, highlighting its significant economic role.
2020
Physician supply
Association of American Medical Colleges (AAMC) estimates a physician shortage of 91,500 in the United States.
2020
Orphan drug
Projected total orphan drug market value of US$176 billion, driven by increasing public subsidies and broader eligibility through initiatives like the Affordable Care Act.
2020 Cyprus introduced the General Healthcare System (GHS/GESY), an independent insurance fund that enables payment for medical services for permanent residents through mandatory contributions, covering clinics, private doctors, pharmacists, laboratories, and healthcare professionals.
2020
Health equity
Over 11.4 million people have signed up for health insurance through ACA Marketplaces since their inception.
2020
Quality-adjusted life year
During the COVID-19 pandemic, national responses demonstrated a significant departure from traditional cost-effectiveness analysis, invoking the 'rule of rescue' and disregarding QALY-based decision-making.
2020
Public health
COVID-19 pandemic exposed insufficient health and care professionals in several countries, revealing critical gaps in public health workforce and preparedness.
2020
Effects of climate change on human health
Global hunger affected 720–811 million people, with some causes related to climate change impacts on food security and agriculture.
2020
Health system
During the COVID-19 pandemic, U.S. healthcare spending jumped to 18.8% of GDP, primarily due to increased healthcare costs and economic contraction.
2020
Two-tier healthcare
The Supreme Court of British Columbia defeated a court challenge that sought to determine if prohibiting private parallel healthcare violates patients' rights under Section 7 of the Canadian Charter of Rights and Freedoms.
2020
Disease burden
Completion of long-term study period tracking environmental health impacts, with findings highlighting the significant role of PM10 exposure in public health burden.
2020
Journal of Health Economics
Journal Citation Reports reported the Journal of Health Economics had an impact factor of 3.883.
2020 During the COVID-19 pandemic, governments worldwide intervened to provide healthcare treatment, as private insurance companies were unable to predict or cover the outbreak's extensive medical needs.

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This contents of the box above is based on material from the Wikipedia articles Government Medical Officers Association, Health policy, Health care, Public health, Effects of climate change on human health, Orphan drug, Health care finance in the United States, National Institute for Health and Care Excellence, Social determinants of health in poverty, Right to health, Physician supply, Health economics, Disease burden, Universal health care, Health system, Health insurance, Inequality in disease, Health equity, Quality-adjusted life year, Healthcare reform debate in the United States, Journal of Health Economics, Cost-shifting, EQ-5D & Two-tier healthcare, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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