Rising Healthcare Costs Challenging the Region – Barbados health minister

Barbados is taking a second look on how to finance healthcare for its population which in 2013 healthcare accounted for 8.7 % of its GDP and by 2015 it dropped to 7.5% (-1.2) which is still significantly higher when compared to larger islands Like Jamaica 5.93% and Trinidad 6.02%. Universal health coverage could be one solution and the concept is growing in popularity in the region as countries like Jamaica, Bahamas and others are studying ways to finance it. Barbados is now actively seeking ways on how to pay for escalating healthcare costs. Read More