Mental Health Economics

Mental Health Economics
Author: Denise Razzouk
Publisher: Springer
Total Pages: 458
Release: 2017-08-26
Genre: Medical
ISBN: 331955266X

The main objective of this work is to provide a book with high quality content that becomes a reference and support for graduate course (Mental Health, Public Health and Epidemiology) and for research in the domain of health economics applied to mental health. Also this book might be useful for policymakers on formulating mental health policies. Key messages of this book are based on: a) mental illness represent a huge cost for society and for health care; b) health economics applied to mental health could help in the optimization of resource allocation for mental health care and for better decision making in terms of balancing costs and benefits; c) interventions and treatment should be also chosen in general medical practice and in public decision-policy according to cost-effectiveness, burden of disease and equity principles; d) quality of care is related with better outcomes, higher quality of life for clients, and with lower costs for society and health system (best value for money); e) it is possible to decrease the burden of mental disorders with cost-effective treatments. The book is divided in four main topics: 1. Introduction to Health Economics applied to Mental Health – this section is an overview of basic principles, concepts and methods used in Economics and Health Economics to enable students to make critical appraisal of Health Economics texts and also to design research studies in this topic. 2. Health Economics applied to the evaluation of quality and costs of Mental Health Services – this section presents results of Brazilian studies on the costs of mental health care (hospital, outpatient care, residential care, informal care), methods on the measurement of costs and it discusses issues related with public policies decisions and quality of mental health car in the low and middle income countries context. There is also an overview of quality indicators of mental health care and instruments to evaluate mental health services and costs.3. Health Economics applied to evaluate treatment of mental disorders - This section presents a review of cost-effectiveness of pharmacological treatments and other interventions applied for treating the most burdensome mental disorders such as depressive and anxiety disorders, bipolar disorders, psychosis, alcohol and drug disorders, dementia, and hyper attention deficit disorders. 4. Health Economics, burden and indirect costs of mental disorders - This section highlights the social and economic burden caused by mental illness under societal perspective focusing on stigma, unemployment, indirect costs in the workplace (absenteeism and presenteeism), the relationship between poverty and mental disorders, global health and social determinants of mental health and on the costs of mental disorders (depression, anxiety, psychosis, alcohol and drug disorders). We present some instruments to measure indirect costs of mental disorders.

Economics and Mental Health

Economics and Mental Health
Author: Richard G. Frank
Publisher:
Total Pages: 370
Release: 1992-11
Genre: Business & Economics
ISBN:

How do health insurance regulations affect the care of person with mental illness? And how do such persons, in turn, affect the economy through lost productivity, reduced labor supply, and deviant behavior at the workplace? In Economics and Mental Health, Richard G. Frank and Willard G. Manning Jr., bring to gether a distinguished group of health care economists to explore the new and rapidly growing feild of mental health economics. The authors begin by dicsussing the issue of care for severely mentally ill patients as it is influenced by differing modes of reimbursement. They then offer labor market analyses that shed light on the economic costs of mental illness. They analyse the interaction of health insurance and the demand for mental health care. And they present case studies that outline experimental systems of delivering health care.

The Economics of Mental Health Care

The Economics of Mental Health Care
Author: Ruth F.G Williams
Publisher: Routledge
Total Pages: 294
Release: 2017-07-28
Genre: Social Science
ISBN: 135173850X

This title was first published in 2001. This original study of mental health care presents a conceptual approach to the nature of the industry’s multiple outputs. It pays special attention to the economic role of government, and also uses conventional economic theory to analyze the fact that the needs and wants of people with mental illnesses and their care-givers are frequently neglected.

The Economics of Poverty Traps

The Economics of Poverty Traps
Author: Christopher B. Barrett
Publisher: University of Chicago Press
Total Pages: 425
Release: 2018-12-07
Genre: Business & Economics
ISBN: 022657430X

What circumstances or behaviors turn poverty into a cycle that perpetuates across generations? The answer to this question carries especially important implications for the design and evaluation of policies and projects intended to reduce poverty. Yet a major challenge analysts and policymakers face in understanding poverty traps is the sheer number of mechanisms—not just financial, but also environmental, physical, and psychological—that may contribute to the persistence of poverty all over the world. The research in this volume explores the hypothesis that poverty is self-reinforcing because the equilibrium behaviors of the poor perpetuate low standards of living. Contributions explore the dynamic, complex processes by which households accumulate assets and increase their productivity and earnings potential, as well as the conditions under which some individuals, groups, and economies struggle to escape poverty. Investigating the full range of phenomena that combine to generate poverty traps—gleaned from behavioral, health, and resource economics as well as the sociology, psychology, and environmental literatures—chapters in this volume also present new evidence that highlights both the insights and the limits of a poverty trap lens. The framework introduced in this volume provides a robust platform for studying well-being dynamics in developing economies.

Economics and Mental Health

Economics and Mental Health
Author: Thomas G. McGuire
Publisher:
Total Pages: 100
Release: 1999
Genre: Mental health policy
ISBN:

This paper is concerned with the economics of mental health. We argue that mental health economics is like health economics only more so: uncertainty and variation in treatments are greater; the assumption of patient self-interested behavior is more dubious; response to financial incentives such as insurance is exacerbated; the social consequences and external costs of illness are formidable. We elaborate on these statements and consider their implications throughout the chapter. Special characteristics' of mental illness and persons with mental illness are identified and related to observations on institutions paying for and providing mental health services. We show that adverse selection and moral hazard appear to hit mental health markets with special force. We discuss the emergence of new institutions within managed care that address long-standing problems in the sector. Finally, we trace the shifting role of government in this sector of the health economy

Encyclopedia of Health Economics

Encyclopedia of Health Economics
Author:
Publisher: Newnes
Total Pages: 1663
Release: 2014-02-21
Genre: Medical
ISBN: 0123756790

The Encyclopedia of Health Economics offers students, researchers and policymakers objective and detailed empirical analysis and clear reviews of current theories and polices. It helps practitioners such as health care managers and planners by providing accessible overviews into the broad field of health economics, including the economics of designing health service finance and delivery and the economics of public and population health. This encyclopedia provides an organized overview of this diverse field, providing one trusted source for up-to-date research and analysis of this highly charged and fast-moving subject area. Features research-driven articles that are objective, better-crafted, and more detailed than is currently available in journals and handbooks Combines insights and scholarship across the breadth of health economics, where theory and empirical work increasingly come from non-economists Provides overviews of key policies, theories and programs in easy-to-understand language

A New Benchmark for Mental Health Systems

A New Benchmark for Mental Health Systems
Author:
Publisher:
Total Pages: 253
Release: 2021
Genre:
ISBN: 9789264947689

Mental ill-health affects millions of people, and drives economic costs of more than 4% of GDP. A good mental health system helps people stay in good mental health, and connects those in need to appropriate support to manage their mental health condition or even fully recover from it. However, mental health care has long been neglected and under-funded, and unmet need for care is still high. The long-lasting COVID-19 crisis and the toll it is taking on mental health has made mental health systems more important than ever. This timely report provides an in-depth analysis of how well countries are delivering the policies and services that matter for mental health system performance. The report highlights recent reforms countries have taken to strengthen mental health performance, including by increasing access to mental health care, ensuring that service users take the lead in planning and even delivering services, and prioritising integration and mental health promotion. The report also identifies promising approaches countries should pursue to better meet their populations' mental health needs. This report sets up a framework for understanding mental health performance through internationally comparable indicators, an approach set to grow stronger still in the coming years as more data become available.

Economic Analysis of Mental Health in China

Economic Analysis of Mental Health in China
Author: Xuezheng Qin
Publisher: Springer Nature
Total Pages: 174
Release: 2023-08-08
Genre: Business & Economics
ISBN: 9819942098

This book uses an economic approach to analyze the socioeconomic causes and consequences of mental health disorders in China, with a special focus on mental depression. Based on a nationally representative dataset, we first investigate the prevalence and distribution of depression and depressive symptoms among China’s adult population, and then use several econometric methods to estimate the multi-dimensional disease burden of the mental disorder, such as its direct medical costs, its indirect economic costs, and its hidden costs on social trust and life satisfaction. In addition, we specifically address the socioeconomic determinants of mental health by examining how the relative and absolute economic status may determine people’s mental depression. Lastly, we propose an analytical framework to evaluate the four major hurdles that cause the treatment gaps of mental health care, and discuss the policy options to overcome such hurdles and to address the unmet mental healthcare needs in China and other developing countries. The book may facilitate our understanding on the complex determinants and implications of the rising prevalence of mental health disorders in developing countries like China. In addition to the students, teachers, and researchers in the fields of health economics and public health, the book may also be of interest to health policy makers and non-government agencies who are concerned with addressing the global mental healthcare challenges using economic policy tools.