Every Filipino spent PhP 7,496 for Health in 2018


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health in 2018
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According to Philippine Statistics Authority (PSA),  Filipinos spent at least Php 7,496 for health in 2018. The health expenditure per capita grew by 6.6 percent. In 2017, Filipinos spent PhP 6,391.

Further, PSA report revealed that the total health expenditure increased to 8.3 percent in 2018 which attributed 4.6 percent to the Gross Domestic Product (GDP).

Moreover, PSA said that the household-out-of-pocket payment (OOP) was at PhP 413.0 billion, which is more than half (53.9 percent) of CHE in 2018. Health spending financed through government schemes and compulsory contributory health care financing schemes was at PhP 260.6 billion or 34.0 percent of CHE. Voluntary health care payment schemes contributed PhP 93.3 billion or 12.2 percent.

“More than half of OOP (50.1 percent) amounting to PhP 206.7 billion were spent on pharmacies. Hospitals received the second largest amount of OOP, at PhP 148.8 billion. Bulk of hospital expenditures went to private general hospitals, at PhP 108.0 billion; followed by providers of ambulatory health care at PhP 55.7 billion or 13.5 percent and providers of ancillary services at PhP 1.7 billion or less than one percent”, PSA reported.

At present, the Universal Health Care Bill Signed by President Duterte will grant every Filipino eligibility and access to “preventive, promotive, curative, rehabilitative, and palliative health services.

In line with this, the Department of Finance increases excise tax on tobacco and alcoholic beverages to fund the said law.

Source:

Total Health Expenditures grew by 8.3 percent in 2018


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Nath Mindanao

An Agribusiness economist. I scribble more about agriculture, politics and economics.

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