healthcare financing in Saudi Arabia

Instructions

In this discussion board, you will examine healthcare financing in Saudi Arabia. Use the library to research the need for more public and private funding of healthcare in Saudi Arabia.Your response should address the following:* Description of private and public funding sources in Saudi Arabia.* Assess public funding versus private funding sources* Assess the funding from the following perspectives:    * Single payer systems vs. multi-payer systems.    * Identify the necessity for health insurance and policies surrounding changes to require insurance.* Identify future challenges in healthcare financing in Saudi Arabia.In developing your initial response, be sure to draw from, explore, and cite credible reference materials, including at least one scholarly peer-reviewed reference. In responding to your classmates posts, you are encouraged to examine their opinions, offering supporting and/or opposing views.

Answer

Healthcare Financing in Saudi ArabiaBeing a high income developing country, Saudi Arabia has dramatically depended on wealth from oil manufacturing to finance the public sector services it offers for free. The healthcare funding has for a long time depended on oil revenues, but in the past few years, there has been a substantial strain due to the unpredictable nature of the oil market. Low prices in the oil market are a significant factor affecting funding in the health sector and cannot be dependent as a long-term funding source for the industry. Privatization is a critical element in the 2030 vision concerning the healthcare sector. The government has primarily resulted in encouraging the privatization of the sector. As shown by Al-Hanawi (2017), direct payments at the point of healthcar...
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