Definition: Public expenditure on health

Category: Health

Public expenditure on health is the publicly financed share (i.e. by the central and local authorities, public health centres and social insurance bodies) of the total expenditure on health, namely: direct outlays; reimbursements to households (transfers); payments to producers to lower costs (subsidies); direct investments and capital transfers to private investors; the public sector also lowers the household burden through tax deductions and tax credits.