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October 2003
 The Value of
Investment in Health Care
The value to patients
and society of better health care has been far greater than the
increased investment in health care services over the past few
decades, according to evidence from a variety of sources presented
in this report. The value gained from expenditures on health care
services is measured in this report as: Health benefits such as
life-years gained and deaths avoided; Monetized health benefits calculated
by applying a dollar value to a life-year gained or death avoided;
and Indirect benefits such as productivity.
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