Health expenses remain a bigburden for Pinoys despite UHC - BusinessMirror

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Health expenses remain a bigburden for Pinoys despite UHC - BusinessMirror
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Even though government health schemes accounted for the biggest chunk of health spending in the country, Filipinos still accounted for second largest contributors with out-of-pocket expenses.

EVEN though government health schemes accounted for the biggest chunk of health spending in the country, Filipinos still accounted for second largest contributors with out-of-pocket expenses. And, according to the Philippine Statistics Authority , every Filipino spent nearly P10,000 a year for health-related goods and services in 2021.

This is one of the reasons lawmakers have pushed for full implementation of universal health care, three years after passage of the UHC law. This increment was faster than the 12.8 percent growth registered in the previous year. Meanwhile, Gross Health Capital Formation Expenditure amounted to P71.15 billion in 2021, a contraction of 19.6 percent compared with P88.54 billion reported in 2020.

In a presentation at the Development Policy Research Month forum of the Philippine Institute of Development Studies , Banzon said government health spending saw a “dramatic increase” to 28 percent in 2020. In a study, Ateneo de Manila University Development Studies Program Research Associate Vincen Gregory Yu said the health financing experiences of ordinary Filipinos can be summed up in 4 “Ps”—pagtitiis, pangungutang, pagmamakaawa, and PhilHealth.

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