What Can Financing Schemes and Payment Systems Do to Improve Pandemic Response?

doi:http://dx.doi.org/10.1596/40707

Publication:
What Can Financing Schemes and Payment Systems Do to Improve Pandemic Response?

dc.contributor.author	Lee, Tae-Jin
dc.contributor.author	Moon, Juhyeon
dc.date.accessioned	2023-12-06T20:32:19Z
dc.date.available	2023-12-06T20:32:19Z
dc.date.issued	2023-12-06
dc.description.abstract	The budget allocation in response to the COVID-19 pandemic indicates an increase in both health and non-health sectors, together with policy prioritization to mitigate socioeconomic damage globally. In contrast with responses to previous economic crises, many governments instead expanded their budget, resulting in increased support for the health care sector. However, a significant portion of the budget was allocated to economic stimulus and industrial investment. Accordingly, the budget allocated to prevention and response to infectious diseases in the health care sector was relatively small, or it was spent from ear-marked resources such as social health insurance. However, health crises such as the pandemic required an essential workforce and additional services to protect population health and expedite the socioeconomic recovery. In this sense, strengthening the sustainability and resilience of the health care system was a way toward national security and economic growth. Governments would need to allocate additional budgets to the health sector in response to health crisis, and mobilize earmarked funds collected from social insurance contributions. The latter enables the provision of essential health services with or without governments’ financial support. A mixed payment system could boost surge capacity in the health care system and provide incentives for medical providers.	en
dc.identifier	http://documents.worldbank.org/curated/en/099110823205539845/P17539809ab5c40fb0834b081749937f543
dc.identifier.doi	10.1596/40707
dc.identifier.uri	https://openknowledge.worldbank.org/handle/10986/40707
dc.language	English
dc.language.iso	en
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Republic of Korea – World Bank Group Partnership On COVID-19 Preparedness and Response
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	POST-COVID PUBLIC SPENDING
dc.subject	POST-PANDEMIC HEALTH CARE SECTOR SUPPORT
dc.subject	HEALTH FINANCING
dc.subject	SOCIOECONOMIC RECOVERY FROM COVID
dc.subject	INFECTIOUS DISEASE PREVENTION
dc.title	What Can Financing Schemes and Payment Systems Do to Improve Pandemic Response?	en
dc.type	Report
dspace.entity.type	Publication
okr.crossref.title	What Can Financing Schemes and Payment Systems Do to Improve Pandemic Response?
okr.date.disclosure	2023-11-09
okr.date.lastmodified	2023-11-09T00:00:00Z	en
okr.doctype	Policy Note
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/099110823205539845/P17539809ab5c40fb0834b081749937f543
okr.guid	099110823205539845
okr.identifier.docmid	P175398-9ab5c470-cd11-48fb-834b-81749937f543
okr.identifier.doi	http://dx.doi.org/10.1596/40707
okr.identifier.externaldocumentum	34193828
okr.identifier.internaldocumentum	34193828
okr.identifier.report	185735
okr.import.id	2499
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099110823205539845/pdf/P17539809ab5c40fb0834b081749937f543.pdf	en
okr.region.administrative	East Asia and Pacific
okr.region.country	Korea, Republic of
okr.sector	Public Administration - Health
okr.theme	Health Systems and Policies,Human Development and Gender,Health Finance,Disease Control,Health System Strengthening,Pandemic Response
okr.topic	Health, Nutrition and Population::Disease Control & Prevention
okr.topic	Health, Nutrition and Population::Communicable Diseases
okr.topic	Health, Nutrition and Population::Health Economics & Finance
okr.topic	Health, Nutrition and Population::Health Systems Development & Reform
okr.unit	Health Nutrition &Population EAP (HEAHN)