New fair global intra-generational solidarity and tax model creat | 49923

Primary Health Care: Open Access

ISSN - 2167-1079

New fair global intra-generational solidarity & tax model creating sustainable health services & health care

4th World Congress on Health Economics, Health Policy and Healthcare Management

September 13-14, 2018 | Zurich, Switzerland

Yannick Pots

Free University Brussels, Belgium

Scientific Tracks Abstracts: Primary Health Care

Abstract :

Background: Financing health care is expensive and unsustainable. Based on OECD data1 we could calculate that the 65- 109yrs group is responsible for 78.66% on pharmaceutical expenditures. According to present inter-generational solidarity system this has to be paid by the 22-64 yrs generation. Aim : The study is to describe a new transformational leadership towards sustainable and high-performing health care management and health economics, where economic and personal values are aligned. A fine-tuned balance has to be created between shareholders‚?? right(s) on material financial value added (VA) maximization, and/resp. optimization of multistakeholders‚?? right(s) on immaterial health-related (HR) quality of life-, functional ability-, intrinsic capacity-, resp. HR life years gained-VA‚??s. Methods and results: Increased investments in prevention of health & well-being (he&wb) should create a decrease in health care costs. We calculated that the group 65-109yrs, users of ca80% on pharmaceutical expenditures, possess non-current asset(s) of ca80% and they should be taxed by a real estate tax on their non-current assets to support health expenditures of the same generation. According to the Pareto-principle [80/20-rule], smoking, alcohol, sugar, and meat should to be taxed by an excise tax of ca80%. Fruit and vegetables should to be de-taxed to 0.0%. The he&wb taxes should directly finance a he&wb institution, while he&wb funds should be redistributed as investment in prevention. Conclusions & Significance: A new fair and global revolutionary "intra-generational" solidarity & tax model will create equity and sustainable health care and consequently will guarantee harmonious relations among generations.

Biography :

Yannick Pots has been Graduated from the Univ. of Ghent as Jurist and subsequently Graduated in Complementary Studies of Corporate Law from the Univ. of Brussels, with specialities including (Inter) National Financial-, Stock-&Stock-Exchange-, Securities- & Bank-Law. Later on he obtained his post-graduation “Business Economics” (Great Distinct.) from the (Univ.) Antwerp Management School. He also obtained his post-graduation “Financial Management of Enterprises” (Distinct.) from the (U) AMS with subjects Corporate Finance, Financial Management, Capital Budgeting and Value-Based Management.