Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
C
- Coverage Deepening
- An expansion in the range of services covered or depth of financial protection provided by a scheme, distinct from population breadth.
F
- Financial Protection
- The degree to which a financing system shields individuals from healthcare cost burden, covering both service breadth and protection depth.
- Financial Protection Index
- A composite measure combining multiple financial hardship indicators into a single statistic tracking a health system's protection performance over time.
H
- Health System Financing
- Health system financing comprises the arrangements through which money for health is raised, pooled and used to purchase services in pursuit of access, equity, financial protection and efficiency.
I
- Insurance Policy
- A contractual arrangement in which an individual pays a periodic premium for financial protection against specified future events, up to defined terms.
M
- Microinsurance
- A small-scale insurance product providing affordable financial protection to low-income individuals, often in settings lacking formal comprehensive insurance.
U
- Underinsurance
- A situation where an individual has insurance that is insufficiently comprehensive to provide adequate financial protection, often from high deductibles or limited benefits.