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Health-Care Financing

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Encyclopedia of Gerontology and Population Aging

Synonyms

Health expenditure; Health financing; Health funding; Medical care financing, etc.

Definition

The American Heritage Stedman’s Medical Dictionary (2002) defines health care as “the prevention, treatment, and management of illness and the preservation of mental and physical well-being through the services offered by the medical and allied health professions.”

WHO (2000) defines health-care financing as one of the functions of a health system with three crucial roles, revenue collection, pooling of resources, and purchasing of intervention to cover the health needs of the people, individually and collectively. “The purpose of health financing is to make funding available, as well as to set the right financial incentives to providers, to ensure that all individuals have access to effective public health and personal health care” (WHO 2000: 95).

Overview

Individuals’ well-being depends not only on the amounts of the goods and services they consume but also on their state of health...

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Correspondence to Alper Altinanahtar Ph.D. .

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Altinanahtar, A. (2021). Health-Care Financing. In: Gu, D., Dupre, M.E. (eds) Encyclopedia of Gerontology and Population Aging. Springer, Cham. https://doi.org/10.1007/978-3-030-22009-9_989

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