Challenges in the health sector are increasing day by day. Almost every country is facing a problem in raising funds for Healthcare projects. No matter whether the country is poor or not, at times they face this problem. Recently many countries are still under the low level of expenditures. As they are receiving minimal health services. This is the challenge for the richest countries to protect the current level of expenses of emerging countries health. There are many Untapped Healthcare Projects which are looking for funds.
A country could raise funds to their domestic healthcare centres if they wanted to. Let’s talk about the country those impose taxes on the harmful products Such as a Small Country UAE ( United Arab Emirates) who implement tax system on tobacco 100% and energy drinks 75% couple years ago. They added tax, and with that amount, they will raise funds for the healthcare department. It’s not only the health minister who implements the measure of fundings itself, but the Government should also play their role in it.
What are the Funding healthcare projects:-
According to reports, there are the top most Five methods or Funding Healthcare Projects are running by the people or the Government.
- Private Medical Insurance
- Hypothecated Tax
- General Tax
- User Payout of pockets
- Social Insurance