A REGRESSION ANALYSIS ON THE IMPACT OF PER CAPITA INCOME ON HEALTH CARE COST (A CASE STUDY OF UNIVERSITY OF UYO TEACHING HOSPITAL)

A REGRESSION ANALYSIS ON THE IMPACT OF PER CAPITA INCOME ON HEALTH CARE COST (A CASE STUDY OF UNIVERSITY OF UYO TEACHING HOSPITAL)

CHAPTER ONE
INTRODUCTION
1.1. Background of the study
Per capita income in Nigeria as we all know has a lot to do with the day to day live of Nigerians as it determines the quality of services rendered with the health care sector having a lot to do with per capita income of Nigeria.It is important for policymakers to know the relationship between health care expenditure and income, knowing this relationship helps them to make wise judgments, plan health reforms, and allocate resources eiciently.
In Nigeria, health care cost is a direct consequence of per capita income as the amount of money earned determines the quality of health care rendered. Okoro (2011: 46). Per capita income is simply means the mean money income received in the past 12 months computed for every man, woman, and child in a geographic
area. It is derived by dividing the total income of all people 15 years old and over in a geographic area by the total population in that area (Wikipedia). Per capita income for a geographical area or country like Nigeria has a lot to do with economic development amongst health care cost. Health is a delicate sector in Nigeria; a healthy nation is a nation that achieves great economic development and progress. Per capita income determines in some sort the health care cost. Nigeria being a developing country needs to know the unique relationship between the per capita income and health care cost. Understanding this would help in programming holistic health care laws that would assist and protect the poor who do not have access to quality health care. Nigeria is a country blessed with several health care outlets ranging from teaching hospitals to clinics and health research institutes just to mention but a few. The availability of these centers isn’t enough in confronting health care challenges in Nigeria. The holistic improvement of health care gores beyond just building of hospitals. This hospitals need to be affordable to the poor masses a vast majority which live on less than a dollar daily.

1.2. Aim and objective of the study
It is important for policymakers to know the relationship between health care expenditure and per capita income, knowing this relationship helps them to make wise judgments, plan health reforms, and allocate resources efficiently and at the same time help in accommodating the poor in quality health care delivery bearing in mind the health care cost.

1.3. Statement of the General problem
Quality health care delivery and its cost has been a major problem in Nigeria, a vast majority of Nigerians are being denied quality health care delivery as a result of its cost. This sole problem has led us into this research work in other to know the relationship between health care cost and per capita income in other to advice policy makers in ways of making holistic plans that would have a positive far reaching effect on Nigerians, especially the poor in the society.

A REGRESSION ANALYSIS ON THE IMPACT OF PER CAPITA INCOME ON HEALTH CARE COST (A CASE STUDY OF UNIVERSITY OF UYO TEACHING HOSPITAL)