Support innovative financing mechanisms for global health
Published on January 8, 2013 at 8:48 AM
"Millions of lives are saved today in developing countries because of bold, innovative financing arrangements over last 10 years. These financing mechanisms are good examples of private sector partnership with public sector for common good," Taufiqur Rahman, an international health consultant, writes in The Hill's "Congress Blog." He describes several examples, including the GAVI Alliance, the Global Fund to Fight AIDS, Tuberculosis and Malaria, the International Finance Facility for Immunization (IFFIm), UNITAID, Clinton Foundation efforts, and the patent pools, Medicines Patent Pool (MPP) and Pool for Open Innovation. Rahman concludes, "Our efforts must be to support and expand these innovative financing mechanisms and promote innovation for efficient pricing arrangements. At the same time, we must ensure that these financing mechanisms remain lean, efficient, and transparent" (1/4).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.