Empirical Investigation of Healthcare Financing and Its Influence on Social Security: Peculiarities, Problems and Challenges

Batumi Shota Rustaveli State University, Georgia

^* Corresponding author: george.abuselidze@bsu.edu.ge

Abstract

The global pandemic has posed significant challenges to the healthcare system. Ensuring social security has become an important concern of the government. The aim of the paper is to determine the relevance of public spending on health. Also, is there any standard measurement or recommendation of how much the government should spend or not, even considering the economic situation of the country? This led to the study of the experiences of different countries in this regard. The crisis caused by the epidemic most likely involves a longer period of time than COVID-19 itself. Accordingly, the results presented in the study and the recommendations developed based on it have practical implications for the link between crisis elimination, health and well-being.