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 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.
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
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 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 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.
2020
EQ-5D
The EuroQol Group published an international valuation protocol for the youth version (EQ-5D-Y) of their health assessment tool.
November 2020
Public health
Health sector in Europe accounted for more than 21 million employment when combined with social work, highlighting its significance as a labor-intensive industry.
September 2020
Social determinants of health in poverty
Research published in September provided evidence linking historical redlining maps to COVID-19 impact, demonstrating how areas marked as 'risky' for minority residents in the 1930s were the same neighborhoods most severely affected by the pandemic.
July 2020
Fee-for-service
During the COVID-19 pandemic, Maryland's alternative payment model demonstrated resilience, with hospital outpatient revenue falling only 14.6% and inpatient revenue decreasing by just 1.6% compared to the same period in 2019.
June 2020
EQ-5D
By mid-2020, the number of EQ-5D studies registered with the EuroQol Group reached over 39,000, covering more than 80 clinical areas and various healthcare settings.
May 27 2020
Medical savings account
Straits Times published an article discussing how medical savings were used to manage healthcare financing during the COVID-19 pandemic, helping to avoid government deficit funding.
2019
Health equity
U.S. federal government identified nearly 80 percent of rural America as 'medically underserved', highlighting significant healthcare access disparities in rural regions.
2019 With the Rajapaksa's return to power, GMOA under Padeniya became major endorsers of the transition to organic agriculture, making controversial claims about agricultural practices and traditional lifespans.
2019
Public health
United States federal government spent approximately $10,600 USD per capita on health care.
2019
Utilization management
UnitedHealthcare settled a class action lawsuit concerning lumbar artificial disc replacement surgery, agreeing to reprocess the claims.
2019
Utilization management
Anthem insurance company implemented a controversial policy of retrospectively denying emergency room visit claims deemed medically unnecessary based on their assessment of the diagnosis.
2019
Utilization management
Class action lawsuits were filed against UnitedHealthcare regarding proton beam therapy, initially denied as experimental and later on the basis of medical necessity.
2019
Utilization management
A significant ethical breach was discovered where a physician was found to have impersonated another physician while conducting medical reviews.
2019
Utilization management
A systematic review was conducted examining utilization management guidelines, revealing that most are more focused on reducing utilization rather than evaluating clinically meaningful patient outcomes.
2019
Utilization management
A federal judge ruled against UnitedHealthcare's denial of mental health coverage.

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

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