Cost Incurred for the Treatment of Cardiovascular Patients in Coimbatore City: An Econometrics Analysis

Abstract

Good health is an important factor in the provision of regular supply of labor as it avoids the disruptions caused by sickness and resulting absenteeism. Good health not only promotes high morale and labour productivity but also produces a positive environment of economic growth. Health has been declared as a fundamental human right. The recent World Health Organization Report of the Commission on Macroeconomics and Health has provided authoritative support for the evidence linking health, disease and economic development, and has recommended a scaling-up of financial resources directed at essential health interventions that are cost-effective. Even though its focus is mainly on communicable diseases afflicting the developing world, it also categorically states that “many of the non-communicable diseases, including cardiovascular disease, diabetes, mental health and cancer, can be effectively addressed by relatively low cost interventions, especially using preventative actions relating to diet, smoking and lifestyles. (Dele Abegunde, 2006).