Comprehensive Evaluation of Healthcare Coverage Penetration and Its Influence on Economic Stability and Social Wellbeing Across Diverse Demographics
Keywords:
Economic stability, Social equity, Healthcare access, Sustainable Development Goals (SDGs), Poverty reduction, Universal health coverage, Policy interventionsAbstract
Healthcare insurance is a cornerstone in ensuring access to healthcare while promoting economic and social stability. This paper examines the global penetration of healthcare insurance and its multifaceted implications for economic development and social equity. Through an analysis of existing literature and data-driven insights, the study highlights regional disparities in healthcare insurance coverage and their effects on GDP growth, poverty alleviation, and the reduction of inequality. The findings emphasize the critical role of policy interventions in expanding healthcare insurance penetration as a means to advance the Sustainable Development Goals (SDGs). The study concludes with actionable recommendations for policymakers and stakeholders to overcome barriers and foster universal health coverage.
References
Acharya, A., Vellakkal, S., Taylor, F., Masset, E., Satija, A., Burke, M., & Ebrahim, S. (2012). The impact of health insurance schemes for the informal sector in low- and middle-income countries: A systematic review. Health Economics Review, 2(1), 1-13.
Brevoort, K., Grodzicki, D., & Hackmann, M. B. (2017). Medicaid and financial health. NBER Working Paper Series.
Einav, L., & Finkelstein, A. (2018). Moral hazard in health insurance: What we know and how we know it. Annual Review of Economics, 10(1), 341-366.
Ekman, B. (2004). Community-based health insurance in low-income countries: A systematic review of the evidence. Health Policy and Planning, 19(5), 249-270.
The King's Fund. (2017). How is health care funded in different countries? The King's Fund Analysis. Retrieved from https://www.kingsfund.org.uk/publications/how-health-care-is-funded
Wagstaff, A., Lindelow, M., Jun, G., Ling, X., & Juncheng, Q. (2009). Extending health insurance to the rural population: An impact evaluation of China's new cooperative medical scheme. Journal of Health Economics, 28(1), 1-19.
Xu, K., Evans, D. B., Carrin, G., Aguilar-Rivera, A. M., Musgrove, P., & Evans, T. (2003). Protecting households from catastrophic health spending. Health Affairs, 26(4), 972-983.
Boyce, Tammy & Brown, Chris. (2019). Economic and social impacts and benefits of health systems: report. World Health Organization. Regional Office for Europe. https://iris.who.int/handle/10665/329683
Arrow, K. J. (1963). Uncertainty and the welfare economics of medical care. The American Economic Review, 53(5), 941–973. Retrieved from https://www.jstor.org/stable/1812044
Frenk, J., & de Ferranti, D. (2012). Universal health coverage: Good health, good economics. The Lancet, 380(9845), 862–864.
Giedion, U., Alfonso, E. A., & Díaz, Y. (2013). The impact of universal coverage schemes in the developing world: A review of the existing evidence. World Bank Group Report. Retrieved from https://openknowledge.worldbank.org/handle/10986/13303
Savedoff, W. D., de Ferranti, D., Smith, A. L., & Fan, V. (2012). Political and economic aspects of the transition to universal health coverage. The Lancet, 380(9845), 924–932.
Gottret, P., & Schieber, G. (2006). Health financing revisited: A practitioner's guide. The World Bank. Retrieved from https://openknowledge.worldbank.org/handle/10986/7094
McIntyre, D., & Kutzin, J. (2016). Health financing country diagnostic: A foundation for national strategy development. World Health Organization. Retrieved from https://apps.who.int/iris/handle/10665/250307
Yates, R. (2009). Universal health care and the removal of user fees. The Lancet, 373(9680), 2078–2081.
Mills, A., Ataguba, J. E., Akazili, J., Borghi, J., Garshong, B., Makawia, S., ... & McIntyre, D. (2012). Equity in financing and use of health care in Ghana, South Africa, and Tanzania: Implications for paths to universal coverage. The Lancet, 380(9837), 126–133.
Wagstaff, A., & van Doorslaer, E. (2000). Equity in health care finance and delivery. Handbook of Health Economics, 1, 1803–1862.
18. Kruk, M. E., Goldmann, E., & Galea, S. (2009). Borrowing and selling to pay for health care in low- and middle-income countries. Health Affairs, 28(4), 1056–1066.
Bitran, R. (2014). Universal health coverage and the challenge of informal employment: Lessons from developing countries. World Bank Group Report. Retrieved from https://openknowledge.worldbank.org/handle/10986/19036
Lagomarsino, G., Garabrant, A., Adyas, A., Muga, R., & Otoo, N. (2012). Moving towards universal health coverage: Health insurance reforms in nine developing countries in Africa and Asia. The Lancet, 380(9845), 933–943.
Xu, K., Evans, D. B., Kawabata, K., Zeramdini, R., Klavus, J., & Murray, C. J. (2003). Household catastrophic health expenditure: A multicountry analysis. The Lancet, 362(9378), 111–117.
Kim, H., & Lee, K. (2017). Universal health coverage reforms in South Korea: Lessons for developing countries. Health Policy, 121(5), 475–483.
Chuma, J., & Maina, T. (2012). Catastrophic health care spending and impoverishment in Kenya. BMC Health Services Research, 12, 413.
Kutzin, J. (2013). Health financing for universal coverage and health system performance: Concepts and implications for policy. Bulletin of the World Health Organization, 91(8), 602–611.
Carrin, G., & James, C. (2005). Social health insurance: Key factors affecting the transition towards universal coverage. International Social Security Review, 58(1), 45–64.
Downloads
Published
Issue
Section
License
Copyright (c) 2022 Lakshmi Narasimhan Srinivasagopalan (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.