Free Essay

Health Care Comparison

In:

Submitted By vicky1
Words 1371
Pages 6
Millennium Health Goals

INTRODUCTION
Millennium Development Goals (MDGs) placed health at the center of development. This represents the dedication by governments globally to cut hunger, reduce poverty, solve poor health, and deal with the lack of education among others. Of the eight millennium development goals, three of these goals are directly related to health. Without significant commitments and dedication from rich and developing nations, these goals will never be met. This paper will capture issues related to MDGs realization especially the realization of reduced child mortality rate in my community in Massachusetts.
Achieved MDGs
According to World Health Organization (WHO) (2013) several MDG targets have been achieved while others are close to reach. For instance, the fraction of individuals who live in abject poverty has been halved (World Bank 2014). The World Bank notes that the percentage of individuals who subsist on resource below $ 1.25 each day dropped from 47% in the year 1990 to 22% in the year 2010 (Gwatkin,2002 ). In addition two billion people gained access to clean drinking water. Health wise, remarkable gains have been achieved in the fight against tuberculosis and malaria. This is good news to the health sector. Between the year 2000 and 2010 the mortality rates from malaria fell considerably by more than 25%. 1.1 million deaths related to malaria were averted. Between the year 1995 and 2011 a total number of 51 million patients suffering from tuberculosis were successfully treated. This treatment saved 20 million lives (Rechel, Shapo & McKee, 2002). These examples show that some MDGs are almost achieved since the year 2015 is fast approaching. A lot is also left to be done to improve heath and achieve the Millennium health goals.
Millennium health goals
According to FAO and WHO, health related millennium goals are: one- eradicate extreme poverty and hunger; goal four -reduce child mortality; goal five - improve maternal health; and goal six -combat HIV/AIDS, malaria and other diseases (WHO, 2013). Others include goal seven-ensuring a sustainable environment and finally goal eight which aims to develop a global partnership for development (WHO, 2013).
Reducing child mortality
In general, reducing child mortality rates by two thirds before the year 2015 is the furthest (Bryce, Black, & Victoria 2013). This is because it is the most complex involving cultural and economic factors. Caribbean, Europe, central Asia, Latin America, North Africa and some countries in the Mediterranean region are on the track reducing the child mortality rates. Some countries are also dragging behind on this fight. They include those in South-East Asia and sub –Saharan Africa. With the rate of progress so far, it is difficult to achieve this goal until the second half of the next century. Lack of this progress can be attributed to mother to child HIV transmission but mostly it is due to underinvestment (Sen, 2001). Most of these governments invest less in reducing malnutrition, and mortality caused by diarrhea, pneumonia, malaria, vaccine-preventable diseases and prenatal diseases.
Reducing child mortality is so important to a nation. Child survival is still so low despite the progress in recent decades. Every year, the world loses over 10 million infants and children to preventable causes. For example, the number of newborns who succumbed in the year 2002 was twice the number of adults deaths from malaria and tuberculosis combined.

Why reducing child mortality is important to a nation
Children are at the highest risk of dying within 28 days from their birth. Effective neonatal period is required to reduce these deaths. It is important to reduce child mortality because child mortality leads to loss of lives and cause grief among patients reducing population and wastage of resources. Loss of life drags the economy back and also denies these newborns right to live which is a universal right for every human, adult or a child.
Reducing child mortality is a goal that each person in our society should have in mind (Bryce, Black, & Victoria 2013). For example, in my local community in Massachusetts the infant mortality rate declined within 1995 to 2000. From 2000 to 2005 was a period of stagnation and then has declined since then. (Mathews, MacDorman & Division of Vital Statistics, 2013). According to National Vital Statistics Reports (2013), in the year 2009 infant mortality rate were 6.9 deaths per 1000 live births. This was 3% lower than the 6.61 in the year 2008. Also, it was 7% lower than the rate in 2005 (6.86) (Mathews, MacDorman & Division of Vital Statistics, 2013). Some groups for instance declined non-Hispanic black (9%) and non-Hispanic white (7%) women (Mathews, MacDorman. & Division of Vital Statistics, 2013).
Low cost interventions
In order to reduce child mortality rate some cheap methods can be employed. They include breastfeeding; insecticides medicated materials, zinc and vitamin A supplements, complementary feeding, immunization and improved delivery procedures (Andrus et al, 2008). In treatment antibiotics for pneumonia, rehydration therapy, anti-malarias and newborn resuscitation can go a long way to reduce child mortality. In addition mothers can avoid lifestyles such as smoking and drinking which pose a danger to healthy births. Attending prenatal care and immunization against diseases such as tetanus can also reduce child mortality.
Child mortality and community
In my community, reducing child mortality is so important. Societies that do not care for newborns do not value life. Life should be embraced and preserved at all cost. Countries in sub-Saharan Africa should do more to increase the probability of children survival beyond five years. According to World Health Organization (WHO) we can use the following strategies to reduce child mortality and impact positively to health in our communities: Cause of death | Risk factors | Prevention | Treatment | Pneumonia | Malnutrition Underweight birthsNon breastfed infants Overcrowding | Vaccination Enough nutrition Cutting pollution | Good health careAntibiotics Oxygen for the sick | Diarrhea | Poor breastfed childrenUnsafe water and foodMalnutrition Poor hygiene | Exclusive breastfeedingSafe food and water Vaccination and adequate nutrition Good sanitation and hygiene | ORS salts Zinc supplements |

Nursing role in reducing child mortality rates
Nursing has a vital role in reducing child mortality. One way to reduce mortality is by mothers beginning to nurse children within one hour of birth. This breastfeeding within one hour reduces mortality rates by incredibly 60% (Rechel, Shapo & McKee, 2002). This is because most infants do not make it beyond one month of birth. Colostrum, which is mother’s milk one hour after birth, is so important because it has hundreds of antibodies protecting the infant from diseases. Exclusive breastfeeding also reduces child mortality by incredible 22% (Rechel, Shapo & McKee, 2002).
Conclusion
Most of the MDGs will not be achieved unless efforts are increased by all the stakeholders. With the current trend sub-Sahara, will not reduce child mortality rates. The MDGs is one area that we can hold our governments accountable. Developed countries must also play their part. These nations should start new collaborations to foster achievements of these goals.

References
Andrus,K. J. et al (2008). Immunization and the Millennium Development Goals: Progress and Challenges in Latin America and the Caribbean. Health Affairs 27(2) 487-493
Bryce, J., Black, R. E., & Victoria C. G. (2013). Millennium Development Goals 4 and 5: progress and challenges. BMC Medicine 11(225). 1-4. Gwatkin D. (2002).Who would gain most from efforts to reach the Millennium Development Goals for health?An inquiry into the possibility of progress that fails to reach the poor. Washington DC: World Bank Press.
Mathews, T. J. , MacDorman M. R. & Division of Vital Statistics. (2013). Infant Mortality Statistics From the 2009 Period Linked Birth/Infant Death Data Set. National Vital Statistics Reports, 61(8) p1-28.
Rechel B, Shapo L, McKee M. (2002). Appropriate health related Millennium Development Goals for the Europe and Central Asia Region: impacts and policy implications. Washington DC: World Bank Press.
Sen, A. (2001). Development as freedom. Oxford: Oxford University Press.
World Bank. (2014). World Bank Presents Views on Post-2015 Framework for MDGs. Retrieved from http://www.worldbank.org/en/news/feature/2014/03/13/world-bank-presents-views-on-post-2015-framework-for-mdgs
World Health Organization. (2013). Millennium Development Goals (MDGs). Retrieve from http://www.who.int/mediacentre/factsheets/fs290/en/

Similar Documents

Premium Essay

Comparison of Health Care

...Health Care Policies and Regulations Compared According to Jun, Osborn, and Squires of the Commonwealth Fund, in their International Profiles of Health Care Systems (2012), the role of the government in the Norwegian health care system is that the government is fully responsible for funding and controlling the health care system (para. 1). However, if citizens want to opt out of the government-controlled health insurance and purchase private insurance, they are able to do that, as well. This is sometimes the choice of some people when waiting lists are long and they choose to go to another country for treatment (Shafrin, para. 4). I have also heard from relatives that this is sometimes the case in Canada, as well, where there is also truly “universal” health care. However, the role of the government in health care in the United States is ever evolving and ever changing. Before the Affordable Care Act was passed in 2010 the role of the government was mostly regulatory, with the exceptions of Medicare and Medicaid and certain other special programs for people who needed financial assistance to access health care. That role is ever evolving now, though. Who is covered in these two countries? In Norway, the answer is simple: Everyone. 100% of the citizens are covered (Jun, Osborn, Squires, 2012, p. 86). In the United States, it is not as clear of a picture. According to Jun, Osborn, & Squires (2012), “In 2010, 56 percent of U.S. residents received primary care coverage...

Words: 788 - Pages: 4

Premium Essay

Comparison of Health Care Plans

...Comparison of Health Care Plans There are several different health care plans available for consumers, and businesses as well as physicians. An Indemnity Plan: under this plan the insurance company which is known as the payer protects the policy holder against costs of medical services and procedures. This plan has higher costs to the consumer but also offers freedom of choice for providers. Health Maintenance Organization (HMO): Offers Limited provider network, but does cover preventative care, lower co payments, does not cover any out of network non-emergency services. Point of Service (POS): Offers in network and out of network providers, lower co-payments for in network, and higher costs of co-payments for out of network providers. Preventative care is covered. Preferred Provider Organization (PPO): Offers preferred providers you can also use out of network providers but at a higher cost. Referrals are not required for specialists, discounted fees, and need preauthorization for some procedures. Higher costs for out of network providers, preventative care coverage varies. It is my opinion that the PPO will provide more coverage for the least amount of money for the consumer but does not favor the provider; the provider is given a list of what is a covered expense and the rest they have to write off. I have a PPO for my insurance plan from my employer and I get papers from the insurance company with a detailed explanation of what...

Words: 271 - Pages: 2

Premium Essay

Comparison of Canadian and U.S. Health Care Systems

...Comparison of U.S. and Canadian Health Care Systems Quinn Sullivan California State University East Bay Abstract Health care is an essential service needed by citizens. As a result, the government plays an important role by designing an appropriate health care system for its citizens. In this paper, a comparison between the health care system in the U.S. and Canada has been made. Using various literary sources, the comparison has been done considering the four components of health care services delivery; financing, insurance, delivery, and payment. The findings indicate that the health care system in the U.S. is expensive but more efficient than the single-payer health care system in Canada. The findings have further been analyzed to ascertain its implications on the U.S. citizens, as well as the Canadians. The paper concludes that the health care system in the U.S. does not favor the middle-class earners, and thus recommends an improved system. Table of Contents Abstract 2 Table of Contents 3 1. Introduction 4 2.1 Health Care Delivery ...5 2.2 The Cost of Health Care and Administrative Overheads 6 2.3 Health Insurance 6 2.4 Funding 7 3. Analysis of Findings 8 4. Conclusion 9 5. Recommendations 10 6. References 11 1. Introduction Health care is among the basic needs of human beings. The need is not discriminative because everyone has an equal chance of...

Words: 2335 - Pages: 10

Premium Essay

Health Status and Health Care Services in Germany with Comparison to the United States

...Name: Zlatan Karamujic Phone: 208-891-8982 Email: bjzforever@gmail.com Health Status and Health Care services in Germany with comparison to the United States HSM310 Course Project Date submitted: Table of contents Executive summary Population and Health Status Availability of Health Services Expenditures Macroenvironmental Influences on the Health Care System Summary Comments References Introduction One of the world’s strongest economies belongs to Germany. With a size of population of 82.56 million, Germany is on rank 16 in the world, but interesting fact about the country is that, since 2005, the population is decreasing every year. According to www.worldometer.info, back in 2005 number of people who lived in Germany was 83,835,978 and shows a decrease of 0.11% for the past 10 years, even though total fertility rate went from 1.35 to 1.42. Fertility rate is calculated as the average number of children an average woman will have during her reproductive period. Additionally, statistic from the same sources shows that the Germany’s population is slowly aging. While median age in 2000 was 39.9 years, in 2015 is already 46.3 years. If the population keeps aging at the same rate in the next 2 decades, Germany’s health system will face a huge challenge in an effort to keep their population healthy...

Words: 1709 - Pages: 7

Free Essay

Health Status and Health Care Services in Australia with Comparison to the Unitstates

...Guidelines: Keys to Course Project Success In this assignment, you will write a term paper comparing the U.S. health care system to a country of your choice. Deliverables for your paper will be due in Modules 1, 3, 5, and 7. APA formatting is required. When submitting each of your assignments, please use the following file name format: HCA302_AssignmentName_FirstInitialLastName.docx. So if your name is John Smith and you are submitting Writing Assignment 1, the name of the file will be HCA302_WritingAssignment1_JSmith.docx. Points will be deducted for any late submissions. Module 1 (Writing Assignment 1): Term Paper Topic/Title: Choose a Country (Graded) Students may choose any country to submit for approval in Module 1. This is the beginning of the Term Paper project, and you may use the template located in the Doc Sharing. This assignment requires a cover page with the title indicating the country you wish to compare to the U.S. health care system. Before you submit your country, make sure you are able to find at least three primary sources with enough information to write a quality paper that meets the length requirements and for comparing key indicators of the U.S. health care system to your choice country. Primary sources are the WHO, NIH, CDC, OECD, the county's national health care website, government websites, and so on. NOTE: There is a comprehensive database of health care statistics for 30 different countries, including the U.S., from the Organization for Economic Co-operation...

Words: 1058 - Pages: 5

Premium Essay

Health Status and Health Care Services in China with Comparison to the United States

...Health Status and Health Care Services in China with comparison to the United States HSM310 Introduction to Health Services Management Course Project December 12, 2010 A health care system refers to the comprehensive organization, structures and strategies through which Medicare and health care is made available by the government to its citizens. A health care system is a product of countries politics. It is a nations system of governance that will dictate upon the most convenient model of health care to adopt. There is no universally acceptable method, and in adopting each; a government has to take into account a variety of factors, which would range from available finances vis-a-vis the total population. A comparison of two models of health care or two countries approach to the provision of health services has to encompass the core issues of financing and health care management. Health sector is the most vital industry in a country and how effectively or ineffectively it is handled goes forth to reveal the social, political and economic policies of a country towards its citizens. A biggest investment of a government has to be in its people and what better way to do it than to invest in the health sector. The purpose of this paper is to focus at the comparison of the United States health care system with that of China. It will focus at financing and management of both systems, how they compare and contrast as well as the merits and demerits of each. Despite the fact...

Words: 2196 - Pages: 9

Premium Essay

Comparison of the Healing of America and Delivering Health Care in America

...Comparison of The Healing of America and Delivering Health Care in America Shahab Vaziri James Madison University In chapters nine through the appendix of The Healing of America by T.R. Reid, it is illustrated about the advanced endeavors, which Reid goes on, to find out about the ins and outs of foreign health care policies and how the United States can borrow ideas, even if the country is a suffering third-world country. Chapter nine is entitled out of pocked because it has the theme of people in foreign countries attempting to buy insurance in any manner that involves cash without any entitlement or responsibility after the fact. Many poor foreign nations in Africa and South Asia are heavily reliant on the out-of-pocket model that deals with paying for care with currency, and if that is not available then “potatoes or pottery or dairy products or babysitting services or whatever he can scratch up” will work (Reid, 2010 A). Although America does have insurance plans for people to buy into, the extremely poor people use the out-of-pocket model and are more likely to get sick and stay sick without insurance. The same holds true for countries with out-of-pocket polices, according to Shi and Singh; they have the “least resources and the greatest health burden” (Shi and Singh, 2015 A). This illustrates that Reid and Shi and Singh agree upon the fact that being poor and sick in a developing country is more detrimental than being sick in America without health insurance...

Words: 1650 - Pages: 7

Premium Essay

Health Status and Health Care Services in the United Kingdom with Comparison to the United States

...Name: Elise Perkins Phone: 773-241-**** E-mail: *********@rocketmail.com Health Status and Health Care Services in the United Kingdom with comparison to the United States HSM310 Introduction to Health Services Management Course Project Date submitted: 11/29/2015 Table of Contents Executive Summary………………………………………………………………………………………………. 3 Population and Health Status………………………………………………………………………………………………………………... 3 Demographic characteristics of population Mortality, Infant mortality data, causes of death Other data of health status Related information (such as on quality if life); analysis Availability of Health Services………………………………………………………………………………….. 4 Basic organization/general description of services institutions, providers of care Issues related to access Utilization of services (data, if available) Other related information/analysis Expenditures………………………………………………………………………………………………………. 5 How are health services paid for; any roles for the government here Data on total expenditures Other related information/analysis Macroenvironmental influences on the health care system……………………………………………… 6 Political Socioeconomic Cultural Technological/Other relevant influences Summary comments…………………………………………………………………………………………….. 7 Problems Opportunities Other related comments regarding this country's health care services Comparison to the United States: what works better, what is not working as well Concluding comments: Lessons...

Words: 2264 - Pages: 10

Premium Essay

A Comparison of Health Care Leadership Roles in the United States and Mexico

...A Comparison of Health care Leadership Roles in the United States and Mexico Cheryl K. Haggerty University of Phoenix - Online Contemporary Leadership Issues DHA733 Dr. Patricia Thomas September 06, 2010 A Comparison of Health care Leadership Roles in the United States and Mexico Mexico and the United States have each adopted a goal to provide the best possible, health care for all citizens. With this in mind, each country has identified a different approach to reaching this goal. A discussion of similarities and differences are addressed in the following paragraphs as well as an explanation of why different approaches exist. Similarities in Leadership Roles in the Countries of Mexico and the United States Similarities can be seen in the manner Mexico and the United States governments plan to provide funding for a universal health care plan. Both countries plan to fund universal health care through taxation. The countries leaders have a goal to provide health care for all citizens, regardless level of income or ability to pay. Mexico is unsure how to reach those in remote areas, just as the United States has concerns regarding those who live on the street or in extreme remote locations and finally, both countries are unsure how they are going to provide enough health care providers. This is especially true in more remote settings. Additional similarities are a desire for both countries to have best outcomes as a part of the universal...

Words: 1026 - Pages: 5

Premium Essay

An Overview of the Canadian Health Care System with a Comparison to the United States Heath Care System Canadian and American Health Care

...Running head: An Overview of the Canadian Health Care System with a Comparison to the United States Heath Care System Canadian And American Health Care Parween Nooruddin Stratford University Abstract The reason for this exploration paper is to look at healthcare systems in two very progressed industrialized nations: The United States of America and Canada. The principal piece of the exploration paper will concentrate on the portrayal of healthcare system in the aforementioned nations while the second part will dissect, assess and measure up the two systems in regards to value and proficiency. Canadian And American Health Care In this research paper I will be comparing Canadian and American HealthCare systems. In this paper I will provide a description of health care system for each country. I will also analyze, evaluate and compare the two systems regarding equity and efficiency. We begin by giving a general portrayal and examination of the structure of Healthcare systems in Canada and the United States. CANADA’S HEALTH CARE – OVERVIEW Canada's health care system is a group of socialized health insurance plans that provides coverage to all Canadian citizens. It is openly subsidized and controlled on a common or regional premise, inside rules set by the national government. Under the health care system , singular natives are given preventive care and medical treatment from essential consideration doctors and in addition access to clinics, dental surgery and extra...

Words: 1310 - Pages: 6

Free Essay

Health Status and Health Care Services in Republic of Korea with Comparison to the United States

...Health Status and Health Care Services in Republic of Korea with comparison to the United States HSM310 Introduction to Health Services Management Course Project Date submitted: 2/27/2015 Table of Contents Executive Summary……………………………………………3 Demographics………………………………………………….5 Mortality, Infant mortality data………………………………..7 Causes of death………………………………………………..8 Other…………………………………………………………..9 Quality of Life………………………………………………..10 Analysis of trends…………………………………………….13 Conclusion……………………………………………………14 References: ………………………………………………….16 Executive Summary This report will provide an overview of the policies and the practices that supports the quality of care in the Korean healthcare. As of 2014, Republic of Korea has a population of 49.3 million, which is a slight decrease of an estimate of 50 million in 2013. With the rapid economic development and less than thirty years, the Korean Healthcare system has gone from inadequate medical infrastructure and a fragmented health financing system to an established health care system characterized by universal coverage and substantial acute medical facilities. The Korean health system has not slowed down after it had achieved universal coverage in 1989. In 2000, the national government has continued to adjust the health care system structure and delivery mechanism in response to the social and political changes, culminating a single-payer system. The priority...

Words: 4287 - Pages: 18

Free Essay

Health Care Economics

...Health Care Economics 1 Term Comparison Paper Bernadette Cynthia Gibson July 28, 2014 HCS/552 Nancy Jennings Health Care Economics 2 Term Comparison Paper Demand, Economics and Supply Demand This paper will be discussing the definitions of demands, economics and supply and what how they play a role in health care. The definition of Demand: “The amount of a particular economic good or service that a consumer or group of consumers will want to purchase at a given price. The demand curve is usually downward sloping, since consumers will want to buy more as price decreases. Demands for a good or service are determined by many different factors other than price, such as the price of substitute goods and complementary goods. In extreme cases, demand may be completely unrelated to price, or nearly infinite at a given price. Along with supply, demand is one of the two key determinants of the market price.” When it comes to demands in health care, we can look at scheduling. Patients will need to make an appointment to be seen, and scheduling can be done the same day or in the future depending on what the visit is for. If there is a high demand of patients and the supply is not there then patients will be scheduled on the Backlog Reduction Plan. These are schedules for the future with the intent to keep the workload down. Example: can another physician see a patient and how can the person be treated without having to come back. Health...

Words: 1012 - Pages: 5

Premium Essay

Arroyo Fresco

...Arroyo Fresco Arroyo Fresco Community Health Center (AF) is a community health center serving western Arizona from 11 clinics and 4 mobile service vans. Community health centers have been established over the past 40 years in underserved areas in all 50 states, and they are nonprofit, community-owned health care organizations that offer patients high-quality primary care and preventive services regardless of their ability to pay. They also provide enabling services, such as transportation, translation, case management, health education, and home visitation, which increase access to care. AF serves three counties – Yuma, Mohave, and La Paz – with diverse populations and needs. The service area of over 23,000 square miles has fewer than 400,000 people – about one-third of the state’s overall population. AF provides ambulatory medical (i.e. obstetric/gynecologic, family medicine, pediatric) and dental services, which are supported by routine laboratory and X-ray services, vision and hearing screening, behavioral health and substance abuse screening, and pharmacy services. AF also ensures that its patients can access all services required across the continuum of care through partnerships or contractual relationships with hospitals, physicians, and agencies throughout the tricounty area and these arrangements are spelled out in the annual plan required by the Bureau of Primary Health Care (BPHC). Arroyo Fresco’s mission is to provide residents of Yuma, La Paz, and Mohave counties...

Words: 2524 - Pages: 11

Free Essay

Hlt 314v Week 4 Complete Assignment and Dqs

...Describe the role that professional health care organizations and societies play in (1) monitoring quality care, (2) disseminating preventative health care measures, and (3) the public’s health care literacy? Select one of the three areas above and discuss established or proposed standards that assist in explaining the role of professional health care organizations and societies. HLT 314V WEEK 4 DISCUSSION 2 Access the Healthy People in Action section of the Healthy People 2020 website: https://www.healthypeople.gov/2020/Healthy-People-in-Action Select State Plans from the drop-down menu of the “Healthy People in Action” tab above the main page content. Pick a state (or territory) which has not already been selected by a classmate, and access that state’s 2020 Healthy People Plans. Select and summarize one area in the plan you selected that pertains to allied health care delivery in that state (for example, medical sonography, respiratory therapy, radiography, speech pathology, etc.). For the area you picked, what do you think the state plan does well? What could it do better, and how so? HLT 314V WEEK 4 ASSIGNMENT COMPARISON OF RESEARCH ARTICLES Details: Choose two research articles published by a scholarly (peer-reviewed) journal on a current health care issue in the United States, controversial or otherwise. Topics: Suggested topics may include: 1. A study of vaccinations and autism rates 2. Maternal health, fetal health, or elder health 3. Disease-based studies, such...

Words: 1251 - Pages: 6

Free Essay

Terms Paper

...Terms Comparison Paper HCS 552 October 10, 2011 Harry Morris Terms Comparison Paper Economics is the study of supply and demand and the affect that these interactions have on resource allocation (Getzen, 2007). The basic concepts economics can be connected to the health care industry and used as a means to assess prospects when distributing resources. Health economics is a branch of economics focused on evaluating shortage in health care systems in different economies (Investorworks.com, 2011). Health economics seeks to identify problem areas in a health care system and propose solutions for issues by evaluating all possible causes and solutions. There are many terms that are used that relates both to health care and economics in which results in Health Economics. Health care in the future will focus on both disciplines and will shape how physicians and insurance companies will determine how and what will be provided to the community. In this paper, the terms utility, resources, and risk will be discussed in terms on how they compare and differ in relations to health care and economics. Utility In economics, Utility means the ultimate satisfaction received from consuming a product or service. This could mean that when a person buys an expensive car and drives it on the highway, the person the will feel utility when others look at the person driving the car. Measuring a person’s utility is looking at a person’s drive and determination in reaching the maximum utility...

Words: 925 - Pages: 4