The paper "A Health Economics Framework for the Management of Diabetes" is a great example of micro and macroeconomic coursework. Diabetes is one of the most widespread chronic illnesses throughout the world, and is considered by many health experts and policymakers to have already reached epidemic proportions; if unchecked, it is estimated that 1 in 14 adults worldwide – about 380 million people – will be suffering from diabetes by 2025 (Pieris-Caldwell, Templeton, Ryan, & Moon, 2008, 2). The most prevalent and fastest-growing of the three types of diabetes, Type 2, is largely preventable, and thus has become the focus of research and clinical efforts to combat the disease.
In this report, the nature and extent of diabetes in Australia is examined, with particular attention paid to the financial and human costs the disease carries with it, and the potential future impact of diabetes on people and the health system. Recommendations for health managers based on alternative approaches to health economics are presented to suggest ways in which future resources could be allocated to effectively manage and reduce diabetes incidence in Australia. Background: What is Diabetes? Diabetes is a chronic health condition marked by an excess of glucose in the blood, caused by the body’ s inability to produce insulin, or to produce sufficient amounts of insulin, which is a hormone created in the pancreas controlling the amount of glucose in the body (Moon, 2010, 151).
There are three types of diabetes. Type 1 diabetes is an auto-immune condition in which the hormone-producing cells, called β cells, do not function and stop producing insulin; the factors which cause Type 1 diabetes are thought to be largely genetic, and there is no known prevention of the disease (Moon, 2010, 152; Silink, 2002, 1).
Gestational diabetes is generally a short-lived condition that affects pregnant women; it usually passes after the birth of the baby but can increase the risk of suffering gestational diabetes in later pregnancies or suffering Type 2 diabetes in later life (Moon, 2010, 152).
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