Modelling healthcare financing in Kenya [The Green Path Model - G | 49894

Primary Health Care: Open Access

ISSN - 2167-1079

Modelling healthcare financing in Kenya [The Green Path Model - GPM]

3rd World Congress on Healthcare & Health Economics

July 26-27, 2018 | Amsterdam, Netherlands

Odero Livingstone Sichonjo and John Olukuru

Strathmore University, Africa

Posters & Accepted Abstracts: Prim Health Care

Abstract :

This study involves modelling healthcare financing in Kenya. The 2001 Abuja Declaration that requires governments to allocate at least fifteen percent (15%) of their total budgets to health and the universal $60 health per capita target are used as benchmarks in this study. The proposed model that is used for modelling healthcare financing in Kenya is the Green Path Model (GPM). GPM consists of a six-staged path that involves identification of health financing gaps at both National and County level, issuing of a Social Impact Bond, SIB, a conceptual shift to the Circular Economy, CE framework and refocusing on repayment of the social investors. At the final stage, the surplus amount generated from the Circular Economy‚??s green initiatives is channelled to the Green Fund ‚?? pool of funds in a Green Bank thus filling up the health financing deficits. This study found out that as at now, Kenya has neither allocated at least 15% of its total budget to health nor met the universal $60 health per capita target both at National and County Level.

Biography :