GLIMPSES OF HEALTH ECONOMICS: PICTURE AND PERFORMANCE IN MIZORAM
Dr. Abdul Hannan Barbhuiya
Mizoram has a fairly healthy and manageable population in the midst of less polluted environment of the green North Eastern part of the country. Health services in Mizoram are mainly provided by the Government sector and Churches, rendering the cost to its minimum possible level. However, the specialised health delivery services in the State are not up to the mark and are skewed towards the urban locations. Health is considered as consumer goods owing to its direct satisfaction and utility, and at the same time, it is conceived as investment goods because of its indirect satisfaction through increased productivity, fewer sick days, and higher wages. Increasing economic manifestation of health and diseases and the limited resources allocated to health care services has brought about a new discipline, viz., ‘health economics’. Cost accounting, cost benefit analysis, cost effectiveness methods etc. are increasingly becoming an integral part of the health management and evaluation of health programmes. The main concern of this paper is to discuss the health scenario in Mizoram from economic perspective.
KEY WORDS: Health economics, Human Capital, Consumer goods, Investment goods, Healthy time, Sickness-free time.