Before covid pandemics, the Czech healthcare was considered in terms of health expenditure to GDP ratio as cheaper amongst OECD countries. This paper’s objective is to explore to what level the expenditure for Czech healthcare arose recently and how it was achieved. The paper studies the dynamics of the relative level of expenses in Czech healthcare and interprets the observations in relation to the Wiseman-Peacock's displacement effect. The methods include the analysis of OECD data regarding the expenditure on health, identifying the trends in payment for state-insured person in Czechia and reflection of related events in Czech health insurance system and health policy. The authors conclude that there has been a notable health expenditure increase since 2020, in Czechia’s case financed mostly from general taxation. Presented results explain what happened recently with Czech healthcare financing in comparison to the other OECD countries and what it means for Czech public finance.