Healthcare spending up by 18.5% on pandemic-related expenses - BusinessWorld Online

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Healthcare spending up by 18.5% on pandemic-related expenses - BusinessWorld Online
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Healthcare spending grew by 18.5% in 2021 to P1.09 trillion, with most of the spending from the government as it addressed the coronavirus disease 2019 (COVID-19) pandemic, an analyst said.

Healthcare spending grew by 18.5% in 2021 to P1.09 trillion, with most of the spending from the government as it addressed the coronavirus disease 2019 pandemic, an analyst said.

Government schemes and compulsory contributory healthcare financing schemes contributed half or 50.3% of total CHE or P546.64 billion, up from 45.9% last year or P421.43 billion. This is equal to P89.35 billion of the total expenditure, up by P6.60 billion from P82.75 billion in 2020. This is followed by retailers and other providers of medical goods with 26.2% , and providers of health care system administration and financing with 14.8% .

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