Financial impact on family of having a child with a life-limiiting illness

Financial impact on family of having a child with a life-limiiting illness Thesis example
Ph.D.
Thesis
Finance & Accounting
Pages 5 (1255 words)
Download 0
Name of student: Course Title: Topic: Financial impact on a family having a child with life limiting illness Lecturer: Date of Presentation: Incidents of life limiting illnesses and disabilities in children have been on an increasing trend in developed countries in the recent past…

Introduction

Consequently, the number of children with terminal diseases continues increasing, raising the cost of their care at family and national levels. Many research studies have been conducted to investigate the financial impact of life limiting disabilities on medical care budgets of various countries especially in the developed world. A study conducted by Michelson and Steinhorn (2007) in England investigated the palliative costs of managing various types of life-limiting disabilities on children. Though the study focused on particular standards needed to cater for patients suffering from a particular life-limiting disorder, it gave insights of financial costs that such life limiting disorders have on families. Majority of all life-limiting conditions require palliative care and in children, such care is concerned with controlling the symptoms and maintaining good quality of life of the child for uncertain period before the child dies (Michelson & Steinhorn 2007). Though death of children with life limiting condition is usually expected, it is difficult to determine when and how such children will die. Therefore, caregivers of people with such conditions are faced with financial challenges of preparing the patients until death. ...
Download paper
Not exactly what you need?

Related papers

The Impact Of Technology On Financial Accounting.
It has been observed that, while, on one hand, technology proves to be an asset for a business organization, it leads to the increase in liability for the accountants. Some of the technological tools like manufacturing of products through computer integrated systems, internet, expert systems, image processing etc. have a positive impact on accounting by facilitating collection, recording, and…
How Hitlers abuse as a child and early life strongly shaped how he ruled as Fuehrer
Germany had never witnessed so much development, such that it almost reached its full employment level. Apart from the goodness of his rule, Hitler also unleashed his malevolence upon the nation, this depiction of evil is known as ‘the Holocaust’, and through this he pursued his dream of an anti-Semitic nation and a racially pure nation. The Jews, whom Hitler declared to be the ‘anti-race’…
The Impact of the Global Financial Crisis on Emerging Financial Markets
Regulations create and establish rules that should be observed and respected by individuals, organisations or firms that operate within a particular industry or business. Anyone or any entity that does not act in accordance to the preset rules is in direct contravention of the law and is thus subject to punishment by law. The punishment to be handed down can either be in terms of fines,…
How to decrease the possibility of having financial crisis
The financial crisis in a company is an unplanned burden which may affect its resources, capabilities, the values and the goodwill of the company. Lack of corporate governance and business ethics is one of the reasons responsible for the financial crisis in an organization. Acemoglu and Johnson (2003) have said that managers should change their way of thinking by disregarding that mismanagement of…
financial accounting theories in a real life
It is used to communicate various aspects of the business. There are diverse kinds of theories that prevail in financial accounting. It has been observed that there prevails no accounting theory which is a universally accepted theory of financial accounting. Different researchers have dissimilar views regarding financial accounting theories (McGraw-Hill, 2006). There are different types of…
The Impact of Global Financial Crisis on the UK Consumer Buying Behaviour
Analysis 41 4.2.1.Demographic Findings 41 4.2.2.Descriptive Findings 45 4.2.3.Frequencies of Responses 48 4.2.4.Cross Tabulation of Responses with Respondents’ Income 59 4.3.Regression Results 63 4.4.Chapter Summary 66 Chapter 5: Interpretation of Research Results 67 5.1.Introduction 67 5.2.Interpretation of Results 67 5.3.Thematic Analysis of Interview Responses 67 5.4.Chapter Summary 71…
Financial planning for the Smith family
The family has had a lot of trouble in setting up their future financial goals. The family would like to save for their retirement and their children college education but they never seemed to have extra money on their side. …