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Economics of social determinants PDF

Added on - 19 Nov 2021

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The economics of social
determinants of health and
health inequalities
Presenter
Why disease can be considered an economic issue?
Treatment of disease requires economic resources to meet the costs
associated with the disease.
Medical expenses of the disease vary from region to region thus some
people can fail to afford.
Sickness requires resources like doctor fee, testing fee and even
medication which one has to posses to overcome the burden of the
disease.
Sick people are economically inactive thus reducing the economic
benefits that the economy reaps from.
Ways HIV/AIDS affects the individual economically
HIV/AIDS affects the individual directly through the costs associated with disease
and its related illness.
Indirect effects revolve around problems like lower labor force, reduced productivity,
increased demand for health services and high expenditure on health services.
The outcome is increased expenditure to meet the burden of the disease.
Cost of inaction
Cost of inaction increases education, income, employment and social protection which
lead to better outcomes.
Cost of inaction increases inequity among different groups in the society.
Inaction increases gaps in social equality that makes people suffer more (Meagher &
Wilson, 2008). .
Social cohesion is also reduced through inaction and intergeneration of inequalities
within Australia.
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