The value of human life: Socioeconomic dimensions, Social Science Tribune, 42: 31-49 (2005, in common with M. Geitona)

The value of human life: Socioeconomic dimensions, Social Science Tribune, 42: 31-49 (2005, in common with M. Geitona)

In this study we try to evaluate the value of human life from the elevation of its social and economic dimensions, which possess a significant role in the economic evaluation of health care programs. The use of scientific tools and techniques contribute to the rational decision making in the health sector, to the maximization of social welfare, to fair distribution of healthcare resources, as well as to the measurement of individual or/and collective patients’ utility and well being from the provision of healthcare. The value of human life, measured either in qualitative or in monetary terms, has to rely on evidence based clinical practices or multidimensional activities. The epidemiological data have to be the starting point in every economic study. The conduction of such studies, primarily directs to the evaluation of the social and economic impact of a disease or to the adoption of preventive interventions, necessary elements in the priority setting for healthcare policy.