Question

Money spent of illness short note

Answer 1

Answer:

Cost of illness analysis is a way of measuring medical and other costs resulting from a specific disease or condition. For example, heart disease in the United States costs more than $321 billion each year—$193 billion in direct medical costs and $128 billion in lost productivity from early death.

Answer 2

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Question

Money spent of illness short note

Answer

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A cost-of-illness study can quantify the magnitude of a problem. It can quantify a disease's total monetary effect, including all the resulting medical costs and, if necessary, loss of productivity. A well-performed cost-of-illness study will estimate not only the total cost but also different categories of cost, such as the amount spent on medications, hospitalizations, emergency care, and days off from work, allowing one to target the areas of greatest economic burden. Often, the first step in tackling a new and unfamiliar problem is a cost-of-illness study to “map out” the problem.

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