Health investment in relation to other forms of economic investment Essay

Health investment in relation to other forms of economic investment - Essay Example It is a fact that most countries find difficulty in meeting healthcare needs of citizens because of the limited resources. Economic concept emphasises that when resources are limited then they should be prioritized so that it generates maximum economic gain for the society. In one of the estimates of World Bank in relation to developing economies, it was found that a 10 percent increase in public health expenditure will reduce maternal mortality by 7 percent, child mortality by 0.69 percent and a 4.14 percent decrease in low weight for newborns. Such outcomes will certainly result in significant increase in economic productivity in long-term. A healthy child free of any disease and disability will have more opportunity to develop higher skills and education. All these factors will finally catapult into higher economic contributions in the society.The following policy recommendations towards allocation of resources can improve long-term health and economic outcomes.A large portion of healthcare resources including nurses and healthcare workers should be diverted to the prenatal and post natal care including care for mothers. Prenatal screening needs to be enhanced in risk-prone population for some of the deadly genetic diseases that later on becomes a burden on society. More rural quality healthcare centers should be established to take care of children with 100 percent coverage.A large-scale immunization programme should be run covering children of all age group to make them free of major communicable diseases.