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Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare. Health economics is important in determining how to improve health outcomes and lifestyle patterns through interactions between individuals, healthcare providers and ...
A number of economics graduates from around the world have been successful in obtaining employment in a variety of major national and international firms in the financial and commercial sectors, and in manufacturing, retailing and IT, as well as in the public sector – for example, in the health and education sectors, or in government and ...
The Office of Health Economics; Oregon Medicaid health experiment; Orphan drug; The Oxcap MH measure of health; P. Pay for performance (healthcare) Pharmacoeconomics;
In economics, the Baumol effect, also known as Baumol's cost disease, first described by William J. Baumol and William G. Bowen in the 1960s, is the tendency for wages in jobs that have experienced little or no increase in labor productivity to rise in response to rising wages in other jobs that did experience high productivity growth.
Concise Encyclopedia of Economics (1st ed.). Library of Economics and Liberty. OCLC 317650570, 50016270, 163149563; U.S. Bureau of Labor Statistics; Wealth of Nations – click Chapter 8; U.S. Department of Labor: Minimum Wage Laws – Different laws by State; Average U.S. farm and non-farm wage
Economic epidemiology is a field at the intersection of epidemiology and economics.Its premise is to incorporate incentives for healthy behavior and their attendant behavioral responses into an epidemiological context to better understand how diseases are transmitted.
Transitioning the firm's expenses from wages to health insurance coverage allows the employees to receive quality health insurance by forgoing the option to get paid higher wages. Similar to the ideology of compensating wage differential where employees receive higher wages at undesirable/risky jobs and lower wages at safe/desirable jobs ...
Health and social insurance are mandatory and a part of a payroll tax. The health insurance rate is 13,5%. For employees with a salary higher than the minimum wage (16.200CZK in 2022, approximately 660EUR), 9% pay the employers, and only 4,5% pay the employees. Trade license workers pay it themselves.