THE IMPACT OF THE GUARANTEED MEDICAL CARE PACKAGE ON THE ECONOMIC WELL-BEING OF THE POPULATION

Health care financing is essential for protecting populations from the financial risks of illness and for advancing universal health coverage. In many countries, limited public spending and rising health care costs have increased reliance on out-of-pocket payments, exposing households to financial hardship and poverty. This study analyzes the effects of guaranteed medical care packages and health financing mechanisms on population economic well-being, with a focus on financial risk protection. Evidence from different countries shows that insufficient coverage and inefficient financing can worsen income loss and deepen poverty, especially among vulnerable groups. The results indicate that supplementary or private insurance does not always reduce out-of-pocket spending and may even increase household health costs. By contrast, well-funded and effectively regulated guaranteed medical care packages improve access to essential services and reduce the impoverishing impact of health expenditures. The study highlights the importance of equitable coverage and strong financial protection in promoting long-term economic well-being and safeguarding household welfare.