Healthcare Economics Essay

1743 Words Mar 22nd, 2013 7 Pages
MASTER IN HEALTH ECONOMICS

PROPOSED MASTER STUDIES

MASTER IN ECONOMICS (HEALTHCARE)

A Review of Healthcare Financing System in Developed Countries and Malaysia.

By: Wong Lim Ping Finance Division Ministry of Health Putrajaya May 2011

MASTER IN HEALTH ECONOMICS

TABLE OF CONTENT:

1. 2. 3. 4. 5. 6. 7. 8.

Introduction Field of research Objective of study Literature review Scope of research Research Methodology Work Schedule Brief bibliography

Wong Lim Ping 790904-13-5151

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MASTER IN HEALTH ECONOMICS

1.0

INTRODUCTION
As Malaysia strikes toward the high income economic through its various initiatives under Government Transformation Programme (GDP) and Economic Transformation Programme (ETP), healthcare
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Healthcare financing is a subject of major concern to all. The major source of healthcare expenditure comes mainly from the taxation, social health insurance, private health insurance and out of pocket payments. The purpose of this research is to examine the economics of healthcare financing system in Malaysia compare to develop countries. The high income nations spend around 12-13% of their GDP on healthcare whereas Malaysia only spend around 5% of her GDP on healthcare. Thus, come the question „In our quest to become high income nation, should we increase our expenditure on the healthcare and what is the optimum level or best way forward for Malaysia‟.

Wong Lim Ping 790904-13-5151

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MASTER IN HEALTH ECONOMICS

2.0

FIELD OF RESEARCH
Many countries, particularly in the developing world, are seeking to orientate their health services towards a more equitable and efficient utilization of resources. Based on experiences from many countries, the following truism on healthcare financing can be made: i. No healthcare system in the world has managed to structure and fund their healthcare system in an ideal way, and the search for the best funding models and the most appropriate ways of containing costs is the major concerns of healthcare leaders, managers and policy makers; There is no consensus on how much of a nation‟s income (or percentage of GDP) should be spent on health. In other words, there is no „ideal‟

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