Author : Paolo Dudine
Publisher :
ISBN 13 : 9781513550220
Total Pages : 43 pages
Book Rating : 4.5/5 (52 download)
Book Synopsis A Framework for Estimating Health Spending in Response to COVID-19 by : Paolo Dudine
Download or read book A Framework for Estimating Health Spending in Response to COVID-19 written by Paolo Dudine and published by . This book was released on 2020-07-24 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: We estimate the additional health spending necessary to treat COVID-19 patients. We expand a Susceptible Infected Recovered model to project the number of people requiring hospitalization, use information about healthcare costs by country, and make assumptions about capacity constraints in the health sector. Without social distancing and lockdowns, countries would need to expand health systems ten-fold, on average, to assist all COVID-19 patients in need of hospitalization. Under capacity constraints, effective social distancing and quarantine reduce the additional health spending from a range of $0.6-1 trillion globally to $130-231 billion, and the fatality rate from 1.2 to 0.2 percent, on average.