by Bob Fryatt
Public Health Association of South Africa (PHASA), August 29, 2012
South Africa, like all countries, faces resource constraints but has been increasing domestic spending in both the public and private sectors in recent years, with funds for health having more than doubled since 1994. More resources for health can come from higher allocations, more efficient collection of taxes or insurance premiums, or by raising additional funds through various types of innovative financing. The need to explore other ‘innovative financing’ was made in the latest South African Strategic Plan for HIV, TB and STI 2012-2016.This paper aims to explain these ‘innovative financing’ options and considers possible options for South Africa.