Health Economics Essay Example | Topics and Well Written Essays - 3500 words

Health Economics - Essay Example But the thing is quite different in healthcare sector of any economy. In healthcare sector, policymakers are quite reluctant to put a value on life due to a lot of ethical reasons. Until recently there has been huge disagreement on the method of measuring life. Over the years, researchers have tried to measure returns on different heath care interventions or programs using economic analysis framework. In last few decades several indicators have been developed for making economic evaluation of different healthcare interventions. Among those indicators, the two most important and widely used indicators are quality adjusted life years (QALY) and disability adjusted life years (DALY). These two composite indicators are being increasingly used by researchers and policymakers of health care sectors of most of the countries across the world. The paper makes an attempt to critically evaluate each of these composite indicators which are helping policymakers in the healthcare sector to decide which intervention should be made available to the patients. The paper will first discuss the definitions and underlying concepts of each of these two indicators along with their uses, then it will move on to discussing the method of calculation for each of them and examine advantages and disadvantages of them, and finally look into their applications. (Prasad et al. 2009; Morrow and Bryant, 1995; Harron, Burnside and Beauchamp, 1983) QALY – One of the most important composite indicators used for assessing the effectiveness of healthcare interventions QALY was devised during the period of 1980s (Hirskyi, 2007) by economists, healthcare researchers and psychologists for conducting cost effectiveness analysis. QALY offers the policymakers of the healthcare sector an economical framework through which they become able to make an efficient allocation of scare health care resources. The QALY is actually based

Application for Chartered Status in Energy (Professional Recognition) Essay

Application for Chartered Status in Energy (Professional Recognition) - Essay Example The last five years of my career have been particularly focused on energy analysis, and it is in gaining these competencies that I believe that I have become able to meet the criteria set by your institute. My central area of expertise is in renewable energy, and in this pursuit, I have become skilled in technical standards development, feasibility studies, energy efficiency and building design. Within the renewable energy framework, my focus has been on photovoltaic systems in the form of standalone generation solutions, which includes solar water heating appropriate to building requirements and to help achieve sustainability targets through the reduction of greenhouse gas emissions. Additionally among the standalone systems I have experience of as a member of teams is in the evaluation of double-effect solar cooling systems. This experience was gained in the testing of the viability of using the sun’s heat to cool buildings in the Masdar City project, referred to in more det ail below. Furthermore, I have been involved in numerous feasibility studies to evaluate renewable energy efficiency options in the building services. Simultaneously, I have become experienced in the conceptualisation of delivery models; the establishment of management systems; engineering design; technical specification development; and the management of projects. Solid waste treatment has been part of my responsibility, as have types of tunnel ventilation. Currently my desire is to extend my career into a position with a growth-oriented organisation, where my technical and commercial, as well as my managerial capabilities can be exercised. I wish to secure an upper-level position, which will be able to provide challenges and rewards by offering a wide-ranging set of responsibilities, both in terms of engineering and leadership. While this may be possible outside of my particular specialities, fire fighting design and LPG design, it would also not be impossible for me to find new c hallenges and directions within this direction. Nonetheless, I would appreciate the recognition of what I have done already. Therefore, I respectfully wish to submit that my qualification levels, the variety of my experience, and my continuing contribution in the field enable me to apply for the abovementioned recognition through your organisation. PROFESSIONAL HISTORY Above and beyond my academic qualifications – my MSc Thesis was entitled â€Å"Fuel cells and Efficient Power Generation† – , my current experience and work history enable me with confidence to list a number of key competencies, and engineering related skills which I am able to deliver well. Additionally, specific aspects of my experience are highlighted, as they relate to this application. These are noted below, as a precursor to a more detailed description of a number of highlights in my career, relevant to this application. Current Competencies Summary An outline of my competencies related to m anagement, leadership and project management: Good communication skills in Serbian, English and Russian (at an intermediate level) Client liaison, project management briefing and presentation; and ongoing client support and maintenance of client relationships Independent organisational and managerial