An Economic analysis of Gynecological Cancer patients in Coimbatore District

Authors

Dr.R.Maheshvari, Assistant Professor in Economics,
Department of Humanities, Coimbatore Institute of Technology, Coimbatore -641014.
Mrs. R.Meenakshi, Assistant Professor in Economics
Department of Economics, Nirmala College for Women, Coimbatore.

Abstract

Economic cost analysis or cost-effectiveness analysis has become apparent in determining the health-care practices. The greatest effect on increase in Gynecological cancer is one of India’s greatest public health challenges. Public expenditure on cancer in India remains below US$10 per person (compared with more than US$100 per person in high-income countries), and overall public expenditure on health care is still only slightly above 1% of gross domestic product. Out-of-pocket payments, which account for more than three-quarters of cancer expenditures in India, are one of the greatest threats to patients and families, and a cancer diagnosis is increasingly responsible for catastrophic expenditures that negatively affect not only the patient but also the welfare and education of several generations of their family. (CS Pramesh 2014) A major challenge for the developing countries is to find strategies in which their scarce resources can be properly utilized in controlling this Gynecological Cancer; else this could become a major hindrance to the both Women and socioeconomic development of economically emerging nations. The health of Indian women is intrinsically linked to their status in society. Research on women’s health status has found that the contributions of Indian women to families are often overlooked, and instead they are viewed as economic burden too. Journal of University of Shanghai for Science and Technology ISSN: 1007-6735 Volume 23, Issue 9, September – 2021 Page-625 In recent years, market forces and political processes have generated growing interest with regard to the economic costs of diseases to the individual, family, institution, and society. The increasing influence of market forces in day-today practice, lack of proper treatment guidelines among physicians, awareness among patients regarding themselves as consumers, and lack of political willpower among the governing agencies, adds to these cost inflations. Hence, there is a growing need in health sector to live within budgets, more so in a country like India. In time to come, cost analyses will be an important component in policy making, for effective health care delivery (K Sharma 2009)