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March 27, 2024
Sustainable Healthcare Financing for SDG3 in ASEAN-6

Sustainable Healthcare Financing for SDG3 in ASEAN-6

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March 27, 2024
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Sustainable Healthcare Financing for SDG3 in ASEAN-6
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Universal Health Coverage (UHC) is a crucial goal for health systems in ensuring healthcare accessibility for all without financial barriers. Across the Asia Pacific, rising healthcare costs, propelled by factors such as an aging demographic, technological advancements, and inadequate government funding, present significant challenges. 

The US-ASEAN Business Council, in collaboration with the London School of Economics and Political Science and with support from a Steering Committee of Health & Life Sciences member companies, is pleased to publish a Paper on Sustainable Healthcare Financing for SDG3 in ASEAN-6. This study analyzes the health financing challenges in six ASEAN countries – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Viet Nam – and explores a number of traditional and innovative health financing methods that may be beneficial for ASEAN health systems to achieve UHC. 

Our objective is to address four core research questions:

  1. What progress has been made toward Sustainable Development Goal 3 in ASEAN-6
  2. What are the key organizational and financial challenges in each healthcare system?
  3. How large is the fiscal gap in the countries of interest?
  4. What financing mechanisms are acceptable to increase fiscal space for healthcare?

To view a full report with executive summary, please click here.