Christo Ivanov - University of National and World Economy, Marketing and Strategic Planning Department, Student District, No.19 December 8 th st., 1700 Sofia, Bulgaria ORCID

Abstract:

The healthcare expenditures in Bulgaria have been constantly growling since the beginning of healthcare reform which was set at the end of 20th century. However, this did not lead to more effective and more affordable treatment for patients or to financial sustainability of the industry. A quarter of a century later, the healthcare system continues to be characterized by constant underfunding. The primary objective of this study is to examine the key challenges affecting healthcare financing in Bulgaria. For the purposes of the study, data from the Ministry of Finance of Bulgaria, Eurostat, as well as a number of studies on the topic were analyzed. The main conclusion is that a systematic state policy is needed to increase social security payments by increasing citizens` incomes, increasing fairness in the distribution of public funds, increasing the efficiency with which public funds are spent, as well as developing measures addressing the main factors for the emergence and development of the shadow economy in the country.

Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference – LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024

Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia

ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.

Suggested Citation

Ivanov, C. (2025). Financial Sustainability in Bulgaria`s Healthcare: Challenges and Strategic Imperatives. International Scientific-Business Conference – LIMEN 2024: Vol 10. Conference Proceedings (pp. 457-465). Association of Economists and Managers of the Balkans, Belgrade, Serbia. https://doi.org/10.31410/LIMEN.2024.457

Connect with us

Association of Economists and Managers of the Balkans – UdEkoM Balkan
13/2 Dzona Kenedija St, 11070 Belgrade, Republic of Serbia

https://www.udekom.org.rs

Udekom Balkans isΒ a dynamic non-governmental and non-profit organization, established in 2014 with a mission to foster the growth of scientific knowledge within the Balkan region and beyond. Our primary objectives include advancing the fields of management and economics, as well as providing educational resources to our members and the wider public.

Who We Are: Our members include esteemed university professors from various scientific disciplines, postgraduate students, and experts from ministries, public administrations, private and public enterprises, multinational corporations, associations, and similar organizations.

Building Bridges Together: Over the course of ten years since our establishment, the Association of Economists and Managers of the Balkans has established impactful partnerships with more than 1,000 diverse institutions across the Balkans region and worldwide.

Stay up-to-date with our latest achievements, events, and insights by subscribing to our newsletterΒ  Β  Β  Β 

We don’t spam. Read ourΒ privacy policyΒ for more information.

LIMEN conference publications are licensed under aΒ Creative Commons Attribution-NonCommercial 4.0 International License.