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Economic Burden of Disease

Meaning

The Economic Burden of Disease is a public health and health economics concept that quantifies the total financial cost to society resulting from a specific disease or health condition. This comprehensive calculation includes both direct costs, such as medical treatment, hospitalization, and pharmaceutical expenditure, and indirect costs, which encompass lost productivity, absenteeism, and premature mortality. Understanding this burden is vital for prioritizing healthcare spending, justifying investment in preventative strategies, and advocating for hormonal health interventions.