Directions for improvement of health care financing system

  • Valentyna Makohon Kyiv National University of Trade and Economics
Keywords: government regulation, health care, health care expenditures, financial guarantees, financial protection, social standards

Abstract

Relevance of the research topic. In the context of the COVID-19 pandemic, the health care financing system is an important tool for regulating social processes. Accordingly, the assessment of its institutional components, financial and economic risks in this area is an important condition for the formation and implementation of sound public policy in the field of health. Formulation of the problem. In the context of deteriorating trends in national economic development, important tasks are: substantiation of priority areas of state policy in the field of health care, in particular to strengthen the funding system in this area, ensuring an economically sound level of social standards. At the same time, the basis for the quality level of implementation of state policy in the field of health care is its coherence with the strategic directions of socio-economic development of the country in the short, medium and long term. Analysis of recent research and publications. The issue of formation and implementation of state policy in the field of health care, financing of health care is quite common in research. These are the works of foreign and domestic scientists: Barrow H., Bella P., Gupta S., Dali Eyu, Dzhigira I., Matnonnat J., Mainzyuk K., Sparkes S., Adamenko I., Lysyak L., Chugunova I. and others. Selection of unexplored parts of the general problem. The above issues are relevant in connection with the deteriorating trend of economic development, the pandemic COVID-19, which requires a number of specific tasks related to strengthening the health care financing system. Problem statement, research goals. The objectives of the study are: to reveal the role of the health care financing system in the regulation of socio-economic processes; substantiate the features of the system of financing the health care sector in modern conditions; to analyze and estimate health care expenditures of the State Budget of Ukraine. The purpose of the study is to reveal the directions of state policy on the development of the health care financing system. Method or methodology of the study. The article uses a set of research methods: a systematic approach, statistical analysis, structuring, synthesis, etc. Presentation of the main material (results of work).  The role of the health care financing system in the regulation of socio-economic processes is revealed. The peculiarities of the system of financing the sphere of health care in modern conditions are substantiated. The analysis and assessment of health care expenditures of the State Budget of Ukraine were carried out. The directions of the state policy on the development of the system of financing the sphere of health care are substantiated. Field of application of results. The results of the study can be used in the process of forming and implementing public policy in the field of health care. Conclusions in accordance with the article. The validity of the implementation of state policy in the field of health care is an important condition for social development. In order to improve the quality of the health care financing system, at this stage, it is advisable to: take measures to reduce the risk of violation of the sustainability of the financial security system in the field of health care, which involves the modernization of system infrastructure. Stabilization of the level of financial support for health care involves improving budget policy in terms of planning budget expenditures for health care. An important condition for the formation of an effective state policy in the field of health care is to improve the interaction of public administration in terms of informatization of this area. Solving these problems will help create conditions for sustainable social development, the introduction of modern financial tools in the field of health.

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References

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Author Biography

Valentyna Makohon, Kyiv National University of Trade and Economics

Doctor of Economics, Senior Researcher,Professor, Department of Finance

Published
2022-03-18
How to Cite
Makohon, V. (2022). Directions for improvement of health care financing system. University Economic Bulletin, (52), 155-160. https://doi.org/10.31470/2306-546X-2022-52-155-160
Section
Finance, Monetary Circulation and Credit