The Financial Effect of Medical Services Consumption: Evidence from the OECD Nations
Received Date: Jun 08, 2022 / Accepted Date: Jul 04, 2022 / Published Date: Jul 05, 2022
Abstract
Medical services uses are supposed to challenge the financial manageability considerably more before long. The reason for this study is to inspect the relationship and overflow impacts between the medical services use and wellbeing result estimated by the possible long periods of life lost as well as the minimal effect of the previous on open records. Utilizing information from 29 OECD nations over the period 1990-2017, we apply spatial econometrics as well as a monetary scientific structure to work out the financial effect of medical services use. We find a positive connection between medical services uses and wellbeing result which is made an interpretation of financially into $0.035 per capita net income for each per capita dollar spent on medical care.
Keywords: Health care; Medical services; Nations; Examination
Citation: Saratnam (2022) The Financial Effect of Medical Services Consumption: Evidence from the OECD Nations. J Health Care Prev, 5: 168. Doi: 10.4172/jhcpn.1000168
Copyright: © 2022 Saratnam. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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