Health Economics and Financing

• Apply key economic principles to analyze healthcare systems, using tools and frameworks provided by Magna Skills.

• Understand the structure and function of various health financing models implemented globally and locally.

• Evaluate healthcare spending for efficiency and equity using cost-effectiveness and cost-benefit analysis tools.

• Critically assess and design policies that promote sustainable healthcare financing with guidance from Magna Skills experts.

• Utilize data to support evidence-based decisions in health sector budgeting and policy reforms.

Health Economics and Financing

1. Foundations of Health Economics

   • Introduced by Magna Skills trainers

   • Basic principles of microeconomics in health

   • Understanding demand, supply, and market failure in healthcare

2. The Role of Economics in Health Systems

   • Health systems overview with real-world cases from Africa

   • Economic thinking in health service delivery

3. Health Financing Mechanisms

   • Comparative analysis: public vs private financing

   • Magna Skills insight into social insurance and tax-based systems

4. Equity and Financial Protection in Healthcare

   • Addressing financial barriers to access

   • Promoting fairness in resource distribution

5. Economic Evaluation in Healthcare

   • Cost-effectiveness and cost-benefit analysis

   • Case studies from previous Magna Skills participants

6. Strategic Budgeting and Resource Allocation

   • Budget planning processes and tools

   • Applying prioritization frameworks taught by Magna Skills

7. International and Donor Health Financing

   • Role of donors and global financing facilities

   • Managing donor funds effectively

8. Health Financing in Low- and Middle-Income Countries (LMICs)

   • Challenges and policy innovations

   • Examples from Magna Skills’ work across African nations

9. Policy Reform and Financing Strategies

   • Analyzing current financing policies

   • Tools for designing and implementing reform

10. Monitoring, Evaluation, and Accountability

• Tracking health expenditures and performance

• Using data dashboards and KPIs recommended by Magna Skills