Though social, medical, as well as cultural reasons may account for the purpose of people in different countries prefer complementary or alternative medicines to conventional or western medicine, and economic forces are also at play. Many studies found that a majority of people around the world not only prefer alternative medicines are the best way to heal body and mind safe and effectively, but also seek treatment from traditional healers for its cost-effectiveness. Much of the people in industrial countries also prefer alternative or complementary medicines for both the reason, for safe and effective as well as cost-effective.
Economic Factors Which Influence The Use of Alternative Medicine
Few studies have been conducted by Natural medicine schools in different countries around the world and have found that most of the low- and middle-income countries prefer alternative or complementary medicines for cost-effective and safe treatment. This condition is important for the purpose of two reasons. First, the alternative or complementary modalities discussed for safe and effective way of treatment in many developing countries. Second, the low expenditure or cost-effectiveness are applicable in the case of those underdeveloped or developing countries. The value and importance of alternative medicine is increasing everyday, and cost-effectiveness is one of the most important things among others. Some cost-effective alternative approaches are discussed here:
Economic Factors Which Influence The Use of Alternative Medicine
Few studies have been conducted by Natural medicine schools in different countries around the world and have found that most of the low- and middle-income countries prefer alternative or complementary medicines for cost-effective and safe treatment. This condition is important for the purpose of two reasons. First, the alternative or complementary modalities discussed for safe and effective way of treatment in many developing countries. Second, the low expenditure or cost-effectiveness are applicable in the case of those underdeveloped or developing countries. The value and importance of alternative medicine is increasing everyday, and cost-effectiveness is one of the most important things among others. Some cost-effective alternative approaches are discussed here:
- Acupuncture – It is found that acupuncture referral for the purpose of musculoskeletal conditions costs more if a person treats by conventional medicines, but in alternative medicine is is almost 60 percent less cost to a western practitioner.
- Homeopathy – Homeopathy sometimes include in alternative or complementary medicines and often treated as independent medicinal approach. Evidence indicates that the expenditure of homeopathic medication is much lower than the average cost of conventional allopathic products.
- Ayurveda – Almost all the ayurvedic products are safe, natural and include antioxidant that are good for mind and body and for overall healthy development. Also found ayurvedic products are 50 percent lower than other medical expenditure.
- Chiropractic – Studies also found that spinal manipulation is less expensive comparing with conventional medical treatments for the episodes of back or joint pain. In Western countries most of the people nowadays take alternative medication for cost-effectiveness and safe treatment.
- Mind and Body Treatments – Some studies also found the cost-effective practices like yoga, meditation, pranayama and so forth can help a person to get rid of the health issues, and the medical expenditure is less that the conventional medicine on economic grounds.