Health Care Financing: a Panaccea for Better Health Outcomes and Economic Growth

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HEALTH CARE FINANCING: A PANACCEA FOR BETTER HEALTH OUTCOMES AND ECONOMIC GROWTH

PAPER BY

MIEBOFA-APPAH, WINIGKIN DAVID
(Research Consultant at MicroWin Training & Research Centre)

A PUBLICATION OF MICROWIN TRAINING & RESEARCH CENTRE (Division of MicroWin PCBS Resources) For other publications by the same author, visit www.miebofa.blogspot.com or call 0805 222 5422; 0803 292 892 8929 DATE: DECEMBER, 2012

TABLE OF CONTENTS
Abstract ........................................................................................................................... - 3 Chapter One: Introduction ............................................................................................ - 3 Research Objectives........................................................................................................ - 4 Organisation ................................................................................................................... - 5 Chapter Two: Literature Review .................................................................................. - 5 What is Healthcare Financing? ..................................................................................... - 5 Components of Healthcare Financing .......................................................................... - 5 National Health Accounts ............................................................................................. - 7 Government Administration and Funding of Healthcare .......................................... - 7 Health Insurance Schemes............................................................................................. - 8 Private Financing of Healthcare.................................................................................... - 9 Funding Healthcare through Tax ................................................................................. - 9 Out-of Pocket Financing of Healthcare ........................................................................ - 9 Measuring Healthcare Financing .................................................................................. - 9 The Need for Healthcare Financing............................................................................ - 10 Beneficial Health Outcomes ........................................................................................ - 10 Measurement of Health Outcomes ............................................................................. - 10 Economic Growth......................................................................................................... - 11 Measuring Economic Growth ..................................................................................... - 12 Relationship between Healthcare Financing, Health Outcome and Economic Growth ....................................................................................................................................... - 12 Chapter 3: Methodology .............................................................................................. - 12 Data Collection Procedure........................................................................................... - 13 Model Specification ...................................................................................................... - 13 Chapter 4: Analyses and Discussion of Results ......................................................... - 14 Relationship between healthcare financing and health outcomes ........................... - 14 Impact of healthcare financing and health outcomes on economic growth ........... - 14 Chapter 5: Conclusion & Recommendations ............................................................. - 15 Conclusion .................................................................................................................... - 15 Recommendations ........................................................................................................ - 16 References...
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