Deaths from treatable conditions may cost the world trillions of dollars each year, according to a newly published analysis led by Harvard Medical School researchers believed to be the first to quantify the economic impact of insufficient access to high-quality medical care.
The results, published in the June issue of Health Affairs, showed that eight million such "amenable deaths" occurred worldwide in 2015, costing $6 trillion in lost economic welfare. This measure, broader than GDP losses, captures the inherent value that individuals place on their own good health.
While past studies have shown already that healthy populations are key to economic growth, this is believed to be the first global estimate of the economic cost of loss of life stemming from insufficient access to quality health care.
[For more on this story by Harvard Medical School, go to https://medicalxpress.com/news...dical-trillions.html]
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