Health Financing
Context
Effective health financing is essential for universal coverage and system sustainability.
JIPA works with national stakeholders to design, implement, and optimize financing models that balance risk, ensure equity, and enable long-term investment in health systems.
The Challenge
Caribbean health systems face chronic underfunding, over-reliance on government budgets, and limited pooled risk. Key financing barriers include:
High out-of-pocket spending.
Ineffective risk pooling mechanisms.
Fragmented funding sources (aid, taxes, insurance, etc.).
Limited use of financial data to inform strategy.
Our Approach
JIPA offers practical and technical solutions, including:
- Health Financing Strategy: Designing multi-source models (tax, insurance, reinsurance, donor funds).
- Risk Pooling & Stratification: Advising on who pays, how much, and what coverage they receive.
- Financial Clearance Systems: Automating approval, payment tracking, and reconciliation for care delivery.
- Costing & Forecasting: Building actuarial models to estimate coverage costs and budget requirements.
- Revenue Cycle & Fund Flow Optimization: Strengthening how money moves from funders to providers.
Why JIPA?