healthcare financing

What are Some Innovative Financing Mechanisms?

To address these challenges, several innovative financing mechanisms have been proposed:
1. Public-Private Partnerships (PPPs): Collaborations between the government and private sector to pool resources and expertise.
2. Health Insurance: Expanding health insurance coverage to reduce out-of-pocket expenses and ensure financial protection.
3. International Aid and Grants: Leveraging international funding to support health programs, especially in low-income countries.
4. Sin Taxes: Imposing taxes on products harmful to health, such as tobacco and alcohol, to generate revenue for health initiatives.

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