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The Economic Impact of Health
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| Words: 3400
| Submitted: Sun Mar 23 2008
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The Economic Impact of Health September 2007 Prepared by Rowena Buan-Yost Contents Section Page I. Introduction.........................................................................4 II. Health and Poverty.................................................................4 III. Migrant Labor on Health..........................................................6 IV. Importance of Economic Data...................................................8 V. The Economic Valuation of Health.............................................9 A. The Cost of Illness (COI) Approach....................................11 B. The Contingent Valuation (CV) Approach............................11 C. Valuation of a Statistical Life (VSL) Approach......................12 D. Benefits Transfer (BT) Approach........................................13 VI. Economic Impacts of Disease Outbreaks...................................13 VII. Cases of Outbreaks that Impacted the Global Economy A. The SARS Outbreak in East Asia........................................15 B. The Dengue Fever Epidemic.............................................16 C. The Avian Flu Pandemic...................................................17 D. The Economic Impact of HIV/AIDS....................................18 VIII. Conclusion............................................................................20 Appendix A: The Philippine Health and Income Statistics.................... 21 Ten Leading Causes of Morbidity................................... 22 Section Page Appendix B: The Philippine Health and Income Statistics.................... 23 Appendix C: The Philippine Health Expenditure Statistics for 2003 and 2004......................................................................... 26 Appendix D: Sources of Health Benefits in the Philippines................... 27 References ..................................................................................29 I. Introduction Considering the country's economic growth and development, better health status could have been attained. Rapid industrialization without preparations for environmental and occupational health and safety...
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