Wednesday, February 17, 2010

Spending on healthcare will remain low

Philippine healthcare spending is at a low level, and private spending exceeds healthcare spending by the state. However, the Philippine government is trying to promote the access of poorer segments of the population to healthcare, although government expenditure is constrained by the large fiscal deficit. As a result, poor families’ membership of PhilHealth (the national health insurance programme) has been facilitated by a sponsored scheme, and PhilHealth now claims universal coverage, although many poor families remain without PhilHealth cards.

The share of out-of-pocket spending in total expenditure, an important indicator of the inequality of the distribution of healthcare charges, fell steadily from 1996, reaching 41% in 2000, but rebounded to 48% in 2002, no doubt reflecting budgetary constraints on government expenditure increases. Spending by central and local governments accounted for 41% of total healthcare expenditure in 2000, up from 35.2% in 1992, but fell back to 30% in 2002, whereas social insurance schemes provided 9% of expenditure in 2002, up from 7.1% in 2000 and 3.8% as recently as 1998. Although government attempts to increase healthcare spending will be limited by attempts to shrink the fiscal deficit, it is likely that healthcare will account for a gradually rising share of expenditure over the forecast period. The Economist Intelligence Unit therefore expects the market for healthcare to offer more potential in the forecast period than in recent years.

http://globaltechforum.eiu.com/index.asp?layout=rich_story&doc_id=7367&categoryid=&channelid=&search=bilateral

For Maxicare Healthcare applications, you may call Tel (02) 6228892 Mobile 0917 804 6275 Email: maxicareinquiry@gmail.com Yahoo Messenger: slime_ateneo or leave a comment here

No comments:

Post a Comment