This indicator measures the average amount of money spent on health care by individuals and private entities within a country, converted into current U.S. dollars. It encompasses a range of private financial contributions, such as out-of-pocket payments made by households, investments from corporations, and donations from non-profit organizations. This expenditure reflects not only direct payments to health care providers but also prepayments to private health insurance plans, illustrating the financial burden of health care on households and the role of the private sector in the health system. Analyzing this data helps assess the equity and accessibility of health services and highlights potential gaps in public health funding and insurance coverage.
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