Reconfiguring the health system financing mechanism under pandemic shock conditions

Abstract

Today, the whole world is facing an extremely aggressive pandemic that affects all government systems and processes, including the health care system. Therefore, this article substantiates the need to reconfigure the financing mechanisms of the health system and to take measures to overcome pandemic shocks. The aim of this research is to highlight the existing problems in the efficient functioning of the financing mechanisms, but also to reconfigure them in the context of the pandemic crisis. The main results obtained from the investigations consist in carrying out a comprehensive diagnosis of the existing financing mechanisms, defining the financial shock of the health care system, as well as offering practical recommendations for the institutions empowered with the management of the health system. The uncertainty we are in requires us to find new opportunities to develop and maintain the mechanisms for the health system financing. https://doi.org/10.47743/jopafl-2021-21-02. JEL: H51; H12; G01