Expenditure on health gives a measure of the final consumption of health goods and services (i.e. current health expenditure). This includes spending by all types of financing arrangements (such as government-based programmes, social insurance and out-of-pocket spending) on medical services and goods, population health and prevention programmes, as well as administration of the health system.
OECD, Health at a Glance 2021
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You’re welcome! You were right to ask.
I’m always delighted to stumble on a wholesome exchange like this. Thank you both!