Chapter 3: (1) Managing healthcare

There are 3 challenges in managing healthcare:

1. To provide basic healthcare for the sick
2. To provide quality healthcare
3. To cope with increasing expenditure on healthcare

Let's compare less developed vs. more developed countries!

There is one important similarity between less developed and more developed countries.
In both countries, healthcare requires resources!

Recall the financial planner activity we did in class?

• Healthcare is a public good and must be provided for even if people can't pay for it!
• But there are fixed resources (scarcity) and needs have to be prioritised.
• Different countries have different healthcare needs. The amount of resources used also differs.

Conclusion
In this section, you have learnt the 3 challenges governments face in managing healthcare. In managing healthcare, a major concern is how to work out a system to pay for healthcare. Can you remember the various ways to do this? Refer to your textbook!