A REGRESSION ANALYSIS ON THE IMPACT OF PER CAPITA INCOME ON THE HEALTH CARE COST (A CASE STUDY OF UNIVERSITY OF UYO TEACHING HOSPITAL)
ABSTRACT
This study was intended to study the impact of per capita income on health care cost. The objective of the study was to examine the relationship between per
capita income and health care cost of patients. Secondary data sources were used and data was analyzed using the regression statistical tool at 5% level of
significance which was presented in frequency tables and percentage. The study majorly focuses on the statistical relationship between per capita income and health care cost in Nigeria.
The study findings revealed that there is a relationship between per capita income and health care cost in Nigeria; based on the findings from the study,
sorts should be made by the Nigerian government and stakeholders in ensuring an adorable health care cost for all irrespective of class and social standing.
CHAPTER ONE
INTRODUCTION
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 efficiently.
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 adorable to the poor masses a vast majority which live on less than a dollar daily.
A REGRESSION ANALYSIS ON THE IMPACT OF PER CAPITA INCOME ON THE HEALTH CARE COST (A CASE STUDY OF UNIVERSITY OF UYO TEACHING HOSPITAL)