Abstract
Increasing health expenditure requires clinical leaders to have a functional understanding of health economics and its implications on the provisions of healthcare services. The subsequent health related illnesses associated with tobacco use, contribute to considerable economic burden to the health care system. Epidemiological analysis of tobacco use, suggests that it will become the leading cause of death in developed countries. The relative impact smoking has on the healthcare systems has been proffered to negate the burden of cost on health services secondary to reduced lifespans. Investing in chronic disease management programs such as pulmonary rehabilitation may reduce the impact of exacerbations of respiratory diseases on the individuals functioning, and alleviate some of the burden on acute care systems.
Highlights
A functional understanding of health economics has become increasingly important in a rapidly evolving healthcare environment
Over the past two decades, Australia has experienced a rapid increase in health care spending due to evolving medical technology, advances in clinical care and pharmacological management, along with an increase in life expectancy
Health economics is influenced by a number of factors such as the national and global economy, national policies aimed at maintaining the population’s health, and health issues that have a substantial economic impact [1]
Summary
A functional understanding of health economics has become increasingly important in a rapidly evolving healthcare environment. Over the past two decades, Australia has experienced a rapid increase in health care spending due to evolving medical technology, advances in clinical care and pharmacological management, along with an increase in life expectancy. Health economics is influenced by a number of factors such as the national and global economy, national policies aimed at maintaining the population’s health, and health issues that have a substantial economic impact [1]. The use of tobacco has a significant deleterious impact on health,and as a result contributes to considerable financial burden on the provision of healthcare [2]
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