Question

health care spending is an investment discuss
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Answer 1

Explanation:

It depends on the kind of health spending one is talking about, from whose perspective, for what population, and who the funding agency is. The Indian context adds another layer of complexity to this.

Generally, health expenditure on preventive and primary care is investment, while hospitalisation expenditure is consumption in nature. Because primary healthcare expenditure helps avert disease escalation, it is considered investment, while hospital expenditure because of its ‘avoidable’ nature is regarded as consumption. By this logic, all expenditure on yoga—because of its role in promotion of health and well-being—is investment. Healthcare expenditures can be looked at through other lenses, too. For example, through the lens of human life cycle, expenditure on women and child healthcare and nutrition is considered investment, while expenditure on elderly healthcare is considered consumption.