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10/22/2016

The Global Cost of Mental Illness

By  on 
The economic costs of mental illness have never been easy to pin down. The costs of mental health care can be estimated much the way we estimate other health care costs. The Agency for Healthcare Research and Quality, cites a cost of $57.5B in 2006 for mental health care in the U.S., equivalent to the cost of cancer care.2 But unlike cancer, much of the economic burden of mental illness is not the cost of care, but the loss of income due to unemployment, expenses for social supports, and a range of indirect costs due to a chronic disability that begins early in life.
report last week from the World Economic Forum (WEF)  attempts to capture the costs of several classes of non-communicable diseases (NCDs) and projects the economic burden through 2030. Recognizing there is no ideal method, the authors adopted three approaches to estimate global economic burden: (a) a standard cost of illness method, (b) macroeconomic simulation, and (c) the value of a statistical life. The results of all three methods project staggering costs over the next two decades, with cardiovascular disease, chronic respiratory disease, cancer, diabetes, and mental health representing a cumulative output loss of $47T, roughly 75% of the global GDP in 2010.
Source:(www.nimh.nih.gov)

Global Diabetes cost


 
Diabetes is a chronic disease, which occurs when the pancreas does not produce enough insulin, or when the body cannot effectively use the insulin it produces. This leads to an increased concentration of glucose in the blood (hyperglycaemia).
Type 1 diabetes (previously known as insulin-dependent or childhood-onset diabetes) is characterized by a lack of insulin production.
Type 2 diabetes (formerly called non-insulin-dependent or adult-onset diabetes) is caused by the body’s ineffective use of insulin. It often results from excess body weight and physical inactivity.
Gestational diabetes is hyperglycaemia that is first recognized during pregnancy.
Source:(www.who.int)

Why the heck is there still an automotive chip shortage?

 A side from the raw, human toll,   COVID-19   has dramatically changed how we live, from travel and education to the way people work. This ...