Does health spending need to outpace GDP per head?

Philip Thomas

Research output: Contribution to journalArticle (Academic Journal)peer-review

7 Citations (Scopus)
271 Downloads (Pure)

Abstract

Decisions on health spending depend ultimately on the valuation of human life in the country concerned. Previous attempts in the UK have been linked to the onesize-fits-all “value of a prevented fatality” (VPF), now shown to be based on a fundamentally flawed method. An objective and validated alternative is available in the J-value (J for “judgment”), which addresses the improved life expectancy a treatment offers. The J-value sheds important light on what Man chooses to spend on life-extending measures, allowing lessons to be drawn for the desirable relationship between GDP and spending on health.
Original languageEnglish
Pages (from-to)17 – 30
Number of pages14
JournalNanotechnology Perceptions
Volume13
Issue number1
DOIs
Publication statusPublished - 28 Mar 2017

Keywords

  • economics
  • GDP
  • HEALTH
  • j-vALUE
  • life expectanc
  • life quality index

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