Healthcare Financing, Insurance, and Public Health Economics

Categories: Chartered
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About Course

This module provides learners with a comprehensive understanding of how healthcare is financed and how economic principles shape both individual healthcare and public health systems. You will explore the mechanisms of healthcare financing — including public and private models — and understand the critical role that health insurance plays in promoting or limiting access to care. The module also examines the economic dimensions of public health, with a focus on how prevention, health promotion, and public health interventions can be evaluated economically to inform effective policy-making.

Through practical examples, case studies, and real-world policy analysis, learners will develop the skills needed to:

  • Analyze financing models and their impact on health outcomes.

  • Evaluate the cost-effectiveness of public health interventions.

  • Understand the trade-offs inherent in healthcare resource allocation.

  • Support policy development aimed at improving health equity and system efficiency.

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What Will You Learn?

  • Understand key healthcare financing mechanisms, including public financing (tax-based, social insurance) and private financing (out-of-pocket, private insurance).
  • Analyze the role of health insurance in risk pooling, financial protection, and healthcare access.
  • Examine the economic rationale for investing in disease prevention and health promotion.
  • Apply tools such as cost-effectiveness analysis and cost-utility analysis to evaluate public health interventions.
  • Evaluate the economic and social returns of investing in public health programs (e.g. early childhood nutrition, vaccination).
  • Understand global trends in health financing, including innovative financing mechanisms such as sin taxes and health bonds.
  • Critically assess policy challenges and explore future directions in building sustainable and equitable healthcare financing systems.
  • Learn from real-world case studies of successful health financing reforms across diverse country contexts.

Course Content

Healthcare Financing Mechanisms

  • Public Healthcare Financing
  • Private Healthcare Financing
  • The Role of Health Insurance

Economic Dimensions of Public Health

Policy Implications and Global Perspectives

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