Social Finance and Health

Neil McHugh (), Olga Biosca and Cam Donaldson
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Neil McHugh: Glasgow Caledonian University
Olga Biosca: Glasgow Caledonian University
Cam Donaldson: Glasgow Caledonian University

Chapter Chapter 22 in The Palgrave Handbook of Social Finance, 2025, pp 409-423 from Springer

Abstract: Abstract Across the globe, countries are struggling with growing pressures on publicly funded health systems and difficulties transitioning toward Universal Health Coverage (UHC). This situation is in the context of obstinate and widening health inequalities. New ways to fund health systems and improve health are needed. One potential response is social finance. This chapter explores the underrecognized and potentially underexploited role of two forms of social finance—microfinance and impact bonds—in responding to aspects of these global health challenges. These challenges involve funding and facilitating access to healthcare services and acting on health through social determinants of health. Although social finance performs imperfectly in these roles, the exploration raises interesting debates and ideas about how countries fund healthcare and impact health.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-99906-2_22

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DOI: 10.1007/978-3-031-99906-2_22

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