The time-course of health expenditure in Greece and the impact of financial crisis on household health expenditure: comparison to other european countries
Abstract
The Greek healthcare system faces public funding gap, as a result of the current financial crisis and relevant austerity measures being forced. Official data have shown that GDP of Greece has been contracted by 25% within the last decade, and this has had an impact on the health expenditure of Greek households (of high OPP), as well. Households have been asked to close this gap, since health takes top priority for them.Based on a review of the literature, it was clear that most OECD countries followed, more or less, the same route: increase in spending during pro crisis period and declining afterwards. Thesis hypothesis is that during the recession and austerity measures in Greece, health expenditures of Greek households (HHE), as a proportion of total private expenditure, were increased. This study aims to investigate the relationship between public and private (household) health expenditure (macroeconomic and microeconomic approach) over time and within recession and austerity perio ...
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