Healthcare spending rose nearly 11% to P792.6 billion in 2019

SPENDING on healthcare grew by 10.9% in 2019 to Php792.6 billion, with most of the spending burden still on households, albeit to a lesser extent compared to 2018, the Philippine Statistics Authority (PSA) said on Friday.

Households still bore most of the spending burden for healthcare as private out-of-pocket spending (OOP) amounted to Php379.73 billion, accounting for 47.9% of the total current health expenditures (CHE) last year.

This was, however, less than its 51% share in 2018 with Php364.24 billion coming from households out of the Php714.77-billion CHE.

Meanwhile, government schemes and compulsory contributory healthcare financing schemes accounted for 42% or Php332.8 billion. This was higher than the P279.79 billion in 2018, which made up 39.1% of the total that year.

Voluntary healthcare payment schemes followed with a 10.1% share last year, or Php79.99 billion. Each Filipino spent Php6,662.2 for health-related expenses in 2019 — a 7.4% increase from Php6,200.3 per capita expenditure in 2018.