In Latin America and the Caribbean, pharmaceutical expenditure ranges from 8.5% (Costa Rica) to 22.1% (Mexico) of total health expenditure. Although governments bear part of this expenditure, in many of the region's countries households assume a significant proportion. In Chile, for example, health spending directly paid by households accounts for 32% of total health spending, … [Read more...] about How Much Could Chilean Households Save by Switching to Generic Drugs?
public policy
Is it possible to achieve more health per dollar spent? Potential gains by improving health spending efficiency
Getting more for our current spending is a smart way to improve health system performance. That rings especially true in the current context: budgets are tight and health expenditures are projected to increase by 3% annually in real terms. Increasing the returns to health spending is good for health outcomes and it can support the argument for increasing the relatively low … [Read more...] about Is it possible to achieve more health per dollar spent? Potential gains by improving health spending efficiency