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Fiscal and macroeconomic effects of different health system risks - P4H Network

Fiscal and macroeconomic effects of different health system risks

Changes in demographic and morbidity patterns, new medical technologies, inefficiencies in the system and the structure of the labor market represent a challenge for the fiscal sustainability of the health system in Colombia since they require an increase in public resources and permanent sources of financing. The authors estimate that an additional 1.91% of the Gross Domestic Product in public resources will be required in 2030 compared to 2022. They emphasize that efficiency improvements in the use of available resources and increased productivity would contribute to reduce the need for fiscal resources and improve the welfare of the population.

Reference
Luis E. Arango, Jesús Alonso Botero-García, Daniela Gallo, Ligia Alba Melo-Becerra, Fiscal and macroeconomic effects of different health system risks., Banco de la República, 11 Dec 2023