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Public Health Costs

Meaning

Public Health Costs represent the aggregated financial expenditures and economic burdens imposed on a society due to the prevalence, management, and long-term consequences of diseases, injuries, and health-related conditions. These costs encompass direct medical expenses, such as hospitalizations and pharmaceutical spending, as well as indirect costs, including lost productivity, absenteeism, and premature mortality. Quantifying these costs is essential for informing healthcare policy, resource allocation, and preventative health strategy development.