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PLEASE NOTE:
The table below provides an overview of health system finance and expenditure for the fiscal year ending 31st March 2017 (FYE17).
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Population
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Health FinanceAmount ('000)% of Total% IncHealth ExpenditureAmount ('000)% of Total% Inc
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Public Sub-SectorPublic Sub-Sector
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Consolidated Fund – Ministry of Health$186,68125.8%0.2%Ministry of Health HQ$10,0451.4%-26.8%
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Consolidated Fund – Department of Social Insurance
$4,3720.6%-10.0%Department of Health$24,7873.4%1.7%
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Note (1)Grants for provision of health services$1,0060.1%21.2%Bermuda Hospitals Board$329,87345.6%4.8%Note (4)
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Public Sector Sub-Total$192,05926.6%0.05%Public Sector Sub-Total$364,70550.4%1.2%
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Note (2)Health Insurance$433,24159.9%4.6%%Local Practitioners – Physicians$57,5898.0%96.4%Note (5)
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Note (3)Out-of-Pocket Expenditure$90,74212.6%30.6%%Local Practitioners – Dentists$30,0554.2%2.8%
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Donations$6,9571.0%30.4%
Other Health Providers, Services & Appliances
$78,65710.9%17.6%
Note (5)
Note (6)
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Prescription drugs$41,4325.7%2.0%
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Overseas care$86,84212.0%2.6%
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Health Insurance Administration$63,7198.8%17.5%
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Private Sector Sub-Total$530,94073.4%4.2%Private Sector Sub-Total$358,29449.6%5.1%
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Total Public & Private$722,999100.0%2.3%Total Public & Private$722,999100.0%2.3%
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Note (1)Lorraine Rest Home and Matilda Smith were given grants of $251K and $125K adding a total of $376K which were not previously provided.
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Note (2)
This figure is a combination of claims paid for health services and products, and health insurance premium collected for health system and programme administration.
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Note (3)We are currently working on improving the calculation of out-of-pocket financing through enhanced enforcement of the Health Insurance (Health Service Providers) (Claims) Regulations 2012. Currently, this figure is reported as the difference between finance and expenditure because it is presumed to occupy the largest portion of untracked financing of the health system – along with cash paying customers and pro-bono services.
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Note (4)Includes patient subsidies
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Note (5)Diversification of services provided by health service providers, namely physician offices has resulted in submission of claims for care not historically provided in these settings. For example, diagnostic imaging claims would be classified as “Other local providers” but when provided in a physician office, the expenditure may be recorded under “local physicians”.
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Note (6)
Includes all other local providers, services and products not classified elsewhere
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