A Nigerian health expert Akolade Jimoh has said that the country’s healthcare affordability crisis can be addressed by a roadmap to universal coverage through innovative financing.
In a recent chart, Akolade stressed that health financing is one of the building blocks of the health system.
He lamented that the total expenditure on health has been rising but with limited financial access and risk protection from health expenditures for most of the population.
Akolade said “High out-of-pocket expenses, inadequate insurance coverage, and limited government funding contribute to this crisis. Millions of Nigerians face a stark reality: the right to healthcare is contingent on their ability to pay.
“As a matter of fact, out-of-pocket payments for funding health care are among the highest in the world. Out-of-pocket spending, a staggering 70-75 percent of the national health budget, pushes families into poverty with every illness,” he said.
The expert said that Nigeria has…
Source: Leadership Newspaper
