Health financing is a fundamental function of health systems that plays a pivotal role in advancing universal health coverage (UHC). It addresses two critical challenges: improving access to effective healthcare services and providing financial protection for individuals and families.
The Need for Health Financing:
Millions of people are unable to access healthcare services due to prohibitive costs.
Many who can pay out-of-pocket often receive poor-quality care.
The Role of Health Financing Policies: Carefully designed and well-implemented health financing policies can address these challenges by:
Incentivizing Care Coordination and Quality of Care: Contracting and payment arrangements can motivate healthcare providers to deliver coordinated, high-quality services.
Ensuring Adequate Resources: Timely and sufficient disbursement of funds ensures healthcare providers are equipped with the necessary staff and medicines to treat patients effectively.
Impact: Through strategic health financing, Bodmando works to strengthen healthcare systems, reduce financial barriers, and ensure equitable access to quality healthcare services for all.