COVID-19 puts emerging market health resilience in spotlight

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      <subfield code="a">The COVID-19 experience has exposed emerging markets' enduring challenge of insufficient health infrastructure. Public health spend undershoots the World Health Organization's (WHO) target of 5% of GDP, while out-of-pocket expenditure represents more than 40% of all healthcare spending, leaving households vulnerable to financial stress. Insurance can play a central role in alleviating this stress and help narrow the emerging market health protection gap of around USD 420 billion.</subfield>
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