Economic crises throughout history have often given an impetus for health and social reforms leading to the introduction of general healthcare systems and social equality in a large number of countries . The aim of this paper is to present the major economic crises and their effect on healthcare and social system chronologically . Bismarck's and Beveridge's model, the two most prominent healthcare models, which emerged primarily as a response to major economic crises, constitute the basis for the functioning of most health care systems in the world . An overview of historical events and experiences may be valuable in predicting future developments and potential effects of the crisis on healthcare systems and health in general . An analysis of past crises as well as current health and economic crisis caused by the COVID-19 pandemic and their impact on the healthcare system can facilitate the comprehension of the mechanisms of action and consequences of economic recession . It may also help identify guidelines and changes that might reduce the potential damage caused by future crises . The historical examples presented show that a crisis could trigger changes, which, in theiressence, are not necessarily negative . The response of society as a whole determines the direction of these changes, and it is up to society to transform the negative circumstances brought about by the recession into activities that contribute to general well-being and progress.