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International Journal of Social Sciences & Economic Environment

HEALTH CARE EXPENDITURE AND ITS IMPACT ON ECONOMIC PERFORMANCE AND LIFE EXPECTANCY : A COMPARATIVE STUDY BETWEEN INDIA & USA

Prithvi Takkella

Prithvi Takkella, Student, Pursing Master’s in Health Care Administration, University of Texas at Arlington, USA,

ORCID: https://orcid.org/0000-0002-1117-874X

DOI : https://doi.org/10.53882/IJSSEE.2023.0801001 Page No : 01-11

Published Online : 2023-02-20

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ABSTRACT

Aim of the study: Present study aims to make a comparative study between the health care expenditure spent by India and USA Governments and its impact of GDP and the Expectancy of life in both the countries.

Design/Methodology: The data collected from the datasets of world bank from the year 2010 to 2019 for the variables used to analyse the study.

Findings: The results suggest a strong correlation between healthcare spending and economic income indicators. t-Test revealed a sizable disparity between the healthcare spending made by the Indian and USA Governments.

Practical Implications: The significant observations on the impact of GDP on the health spending of India and USA are analysed.

Originality/value: This study shows the implications of the policy including the fact that a healthy population positively affects the nation's economy as a whole.

Keywords: Healthcare Expenditure, Life Expectancy, Health Outcomes

Paper Type: Research Paper

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Cite this Article as : Takkella P (2023), “Health Care Expenditure And Its Impact on Economic Performance and Life Expectancy : A Comparative Study Between India & USA”, International Journal of Social Sciences & Economic Environment, Vol. 8, Issue 1, 2023, pp 01-11, DOI: https://doi.org/10.53882/IJSSEE.2023.0801001

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REFERENCES

Gupta S, Verhoeven M, Tiogson E. (2001) “Public spending on health care and the poor, IMF Working Paper, Fiscal Affairs Department; 2001.” https://doi.org/10.1002/hec.759

“Health systems WHO. Improving performance. (200)” Geneva: World Health Organisation; 2000.Google Scholar

World Health Organisation. (2003), How Much Should Countries Spend on Health? Geneva: World Health Organisation (2003).

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