In a global environment of rapid increases in health expenditureshealth policies in Australia and in many other countries are currently undergoing major reforms. To contain future cost increasesaccurate tools able to identify and rank ‘best value for money’ health investments are essential.
In Australia non-communicable chronic diseases – e.g. diabetesheart diseasecancerarthritis and mental disorders – affect the majority of the elderlyaccount for 70% of health expendituresand cause poor healthdeteriorating quality of life and premature death. This book focuses on how to identify ‘best value for money’ health investments within the context of on-going and future health reformsand on quantifying the major benefits that would flow from such investments in terms of longer and better lives. This book will be of interest to general readerssocial and economic researchersand students interested in health care in ageing populations.