Health is our greatest wealth
Year: 2023
Content-Type: Report
Description: This paper is particularly important in the context of a post-COVID world. The global health crisis has highlighted the importance of population access to healthcare and the need for individuals to take proactive measures to maintain their health and well-being. At the same time, however, it has contributed to widening the protection gap, especially for vulnerable groups, due to the exacerbated cost of living crisis, job losses, reduced incomes, and rising healthcare costs, particularly in low- and middle-income countries. Additionally, preventative healthcare spending generally remains very low compared to overall public health spending—below 4% across OECD countries. This paper’s two pillars—i.e., addressing the health insurance protection gap and promoting preventative healthcare—are closely intertwined. By adopting a comprehensive approach that combines financial protection and preventative measures, life & health insurers can improve the overall health outcomes of their policyholders as well as contribute to a more sustainable, equitable and efficient healthcare system and society.
Pages: 58 pages
Author: United Nations
Categories: Health, Human Development, Infrastructures, Policy / Governance, Publications, Technologies & Innovations
Tags: Health, Human development, Policies, Technologies