OBJECTIVES The Human Capital Theory emphasizes investments to the healthcare sector as an important element in achieving and sustaining economic development.   Investments to healthcare sector improves macro and micro economic outcomes for the whole society. The aim of this study is to calculate the possible produced value for a life-time term(VLT) and cost of pre-mature deaths(CPD) from the productivity for Argentina, Brazil and Mexico.  METHODS Net present value(NPV) of the taxes and spending for each year were calculated. For calculating NPV in the government perspectives, two modelling approaches were combined, human capital modelling based on lives saved and lost productivity, and generational accounting, which accounts for a range of other government fiscal transfers to citizens. The possible produced value for a life-time term for each country were assumed as calculating the total NPV for each country depending on the countries life expectancy. CPD for each countries were assumed as the difference between  NPV on the year of life expectancy and each decades as life years 60, 50, 40, 30, 20, 10. The economic values for the model of each country derived from World Bank, OECD, UNESCO or WHO. Discount rate and inflation for wages were taken as 3% per year for all countries.  RESULTS Possible produced VLT for each country were calculated as US $ 716.945, US$ 663.129  and  US 653.598 for Argentina, Brazil and Mexico, respectively. CPD per person for Argentina were calculated as US$ -666.234, US$ -657.861, US$ -512.554, US$ -338.675, US$ - 164.722 and US$ -24.615 for the life years 10, 20, 30, 40, 50 and 60 respectively. The trend was same for Brazil and Mexico. CONCLUSIONS However the study was based on a hypothetical model that calculated the NPV with the taxes and spending in a life-time term, the results of each country were parallel.