Sample Medical Science Coursework Paper on Global Health

Human Capital                      

Human capital refers to the measure of education, skills, competency, capacity and any other labor attributes that influence the earning potential and the productive capacity of an individual. Education as one of the factors plays a direct role in determining the health status such that the most educated parents bring up healthier families. Also, giving girls the tool of education increases their capacity in the sense that factors like infant mortality are reduced thus a more productive society. In short, it improves the health status of an individual because; they are in a better position to make an informed decision which helps in molding potentials and productive capacity.

Public Expenditure

Public expenditure on health refers to the public capital or funds spent on health care by regional, local, and state government bodies. This applies to both the public and private health sectors. The formation of public capital includes; publicly serviced investments in hospitals and other health facilities, and transfer of capital to the private sectors for development such as hospital construction, and buying equipment (Baron 5). The major sources of health spending include tax financed spending, private spending, and social security spending. In most countries, there is inequity in public expenditures hence the need for out-of-pocket spending which is only affordable to the rich. This could be avoided by governments and states improving the efficiency with which they transform their expenditures for better outcomes in health.

Private Expenditure

Private expenditure on health is the direct payment for health services with payment methods such as private insurance, donations, out-of-pocket spending and direct payments by private co-corporations (Wilson 26). This promotes inequity and creates a financial barrier such that most households would not be able to afford such payments since they dig into household savings. Low-income households end up without medical services which turn out to be a luxury that can only be afforded by high-income households (Wilson 34). However, it is important to note that that the importance of a luxury like private income depends entirely on the distribution of income and domestic level of a household. Out-of-pocket spending affects most poor countries because of lack of better distribution of public funds or unavailability of funding. It, therefore, turns out to one of the most troubling factors in public policy.

Development

Development refers transformation or cause of transformation for something to become larger or grow towards advancement. This could be in terms of health, finance or social and economic factors. It encourages growth in different fields and education is central for a country’s economic growth or development

Equity

Equity is the key to development with the chance for equal opportunities for all since it is derived from the word “equal.” For a specific country, applying such ideas would involve hard, yet certain choices. The decisions would be inclusive of areas such as equal life chances, equal concern regarding human needs, and meritocracy.

            For development in global health, equality seems to be the backbone. This ranges from the equal distribution of goods and services to equal funding in both private and public health sectors. This promotes fairness in all public policies thus benefiting all citizens regardless of their social status. Health is one of the major factors affecting global development hence the need to figure out ways of improving it. Health services should be distributed equally for better health outcomes especially in developing countries.

Works Cited

            Wilson, Andrew. Microgravity Applications Programme: Successful Teaming of Science and Industry. Noordwijk: ESA Publications Div, 2005. Print.

            Barron, Kevin. Public Expenditure on Health and Personal Social Services 2007: Memorandum Received from the Department of Health Containing Replies to a Written Questionnaire from the Committee : Written Evidence. London: Stationery Office, 2007. Print.