This presentation builds on the talk about the HIPtool given in 2021 by showing a country application of the tool and its implications. The presentation briefly characterizes the Armenian health system context and highlights relevant key features of the HIPtool. The presentation then focuse on the results and conclusions of the model application in an upper middle-income country context and how the insights can support explicit priority setting in the revision of a Health Benefits Package. It reflects on the lessons from the analysis including how health sector-wide impact modelling can help make the case for increased public spending on essential health interventions and how health financing transition can help increase efficiency in health spending.