health-economics-congress-2018-tracks

12 / 20

Page 49
Notes:
conferenceseries.com
Volume 8 Primary Healthcare: Open Access
ISSN: 2167-1079 Health Economics Congress 2018
September 13-14, 2018
September 13-14, 2018 | Zurich, Switzerland
4th World Congress on Health Economics,
Health Policy and Healthcare Management
New fair financing system on health & pharmaceuticals creating sustainable health services & health
care
Yannick Pots
Free University Brussels, Belgium
Background: Macroeconomics, according to health income & expenditure account, based on OECD-data1 for Belgium (B)
resp. OECD-average (O) for 2015, total public income on health is 77% (B) [72% (O)], from which government social security
system is 18% (B) [36% (O)], resp. compulsory social insurance contributions is 59% (B) [36% (O)]. Total private income on
health is 23% (B) [28% (O)], from which private health insurance is 5% (B) [6% (O)], resp. out-of-pocket is 18% (B) [20% (O)].
Aim: To describe, according to Pareto Principle [80/20-rule] that total expenditure on personal health [HC.1-HC.5] for B
has to decrease from 95% to 84%, total medical services [HC.1-HC.4] from 79% to 68% (from which service of curative and
rehabilitative care (SCRC) [HC.1-HC.2] from 55% to 46% (inpatient-care-scrc from 30% to 24%; outpatient-care-scrc from
25% to 22%). In SCRC, Pharmaceuticals from 28% to 19%. Medical goods dispensed to outpatients [HC.5] from 16% to 5%.
Methods and results: According to Pareto Principle, expenditures on services of prevention [HC.6] have to be revolutionary
increased from 5% to 16%, which will (r)evolutionary increase both total personal and collective health status and will (r)
evolutionary decrease total expenditure on personal health [HC1-HC5], i.e. on total medical services [HC.1-HC.4] – service
of curative and rehabilitative care [HC.1-HC.2], scrc-in- resp.outpatient care and consequently pharmaceuticals, and medical
goods [HC.5].
Conclusions: A new financing system by increasing total expenditure on prevention according to Pareto Principle will balance
health income(s) and expenditure(s) in the world. Financial details will be presented at the congress.
Recent Publications
1. OECD Health at a Glance [Website]: See:
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.
Yannick Pots, Primary Health Care 2018, Volume 8
DOI: 10.4172/2167-1079-C6-032