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August 14, 2026EconomiesOpen Access

The Relationship Between Healthcare Financing and Social Protection in Ensuring Equity and Fiscal Sustainability

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Authors

AKAiymgul KapenovaL. N. Gumilyov Eurasian National UniversityRIRuslana ICHSHANOVANational Center for BiotechnologyZIZagira ISKAKOVAL. N. Gumilyov Eurasian National University

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Implication

Panel analysis shows public health and social protection spending reduce out-of-pocket costs in Central Asia, highlighting fiscal sustainability trade-offs.

Key Points

  • To evaluate the relationship between government healthcare financing, social protection expenditure, household out-of-pocket burdens, and macro-fiscal sustainability across Central Asian countries.
  • Analyzed a country–year panel of five Central Asian nations (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan) from 2015 to 2024 (N = 5).
  • Applied fixed-effects regression models as the primary benchmark alongside two-step System Generalized Method of Moments (GMM) sensitivity analyses.
  • Tracked household burden through out-of-pocket expenditure shares of current health expenditure and macro-fiscal pressure via changes in general government debt.
  • Domestic general government health expenditure was negatively associated with out-of-pocket spending share (fixed-effects coefficient: −3.810; System GMM: −4.102).
  • Social protection expenditure was negatively associated with the out-of-pocket spending share (fixed-effects coefficient: −1.245; System GMM: −1.830).
  • Combined public social and health expenditure was positively associated with the government debt-to-GDP ratio, with substantial cross-country variation in closing the 5% of GDP public health spending gap.

Cite This Study

Kapenova et al. (2026) studied this question.

synapsesocial.com/papers/6a7ec71db70b84ec8b913316https://doi.org/10.3390/economies14080337
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