Nigeria has been investing too little and inefficiently in the health of her people, so says the Director, Health, Nutrition, and Population Global Practice, World Bank Group, Dr. Olusoji Adeyi, NaijaAgroNet reports.
Adeyi in a keynote address entitled “Financing Universal Health Coverage in Nigeria” to the 2018 Nigeria Health Financing Forum in Abuja, said recently that Nigeria is underperforming in health financing when compared to other Lower-Middle-Income Countries (LMICs) and countries in the Upper-Middle-Income (UMIC) Group.
As said by him, investing in health would lead to economic growth, reductions in mortality account for about 11 per cent of recent economic growth in low-income and middle-income countries as measured in their national income accounts.
This, he said, would see to a more complete picture of the value of health investments over a time period given by the growth in a country's ‘full income,’ which is the income growth measured in national income accounts plus the Value of Additional Life Years (VLYs) gained in that period.
Dr. Adeyi noted that between 2000 and 2011, about 24 per cent of the growth in full income in low-income and middle-income countries resulted from VLYs gained.
According to him, the Universal Health Coverage (UHC) means that all people could use the essential health services they need, of sufficient quality to be effective, while also ensuring that the use of these services does not expose the user to financial hardship.
This definition of UHC, he said, embodies three related objectives, including equity in access to health services; the quality of health services should be good; and People should be protected against financial-risk.
Further, he explained that equity in access implies that everyone who needs services should get them, not only those who can pay for them, while the quality of health services should be good enough to improve the health of those receiving services; whereas, people should be protected against financial-risk, to ensure that the cost of using services does not put people at risk of financial harm.