ECONOMIC IMPLICATIONS OF INSUFFICIENT HEALTH LITERACY

The main goal of this paper is to elaborate the importance of health literacy in cost-effective utilization of health care services which influence the efficiency of the entire health care sector. In order to complement the theoretical framework of the economic implications and the circular influenc...

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Bibliographic Details
Published in:Economic research - Ekonomska istraživanja 2013-12, Vol.Special issue (1), p.117
Main Authors: Dukić, Nikolina, Arbula Blecich, Andrea, Cerović, Ljerka
Format: Article
Language:English
Subjects:
health literacy
information asymmetry
public healthcare costs
S-TOFHLA
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Summary:The main goal of this paper is to elaborate the importance of health literacy in cost-effective utilization of health care services which influence the efficiency of the entire health care sector. In order to complement the theoretical framework of the economic implications and the circular influence of health literacy on the economy, an empirical analysis was carried out using S–TOFHLA. The results suggest that the patients’ personal characteristics and the accessibility to health care services influence the level of health literacy which affects the health care costs.
ISSN:1331-677X
1848-9664