Iceland Spending Less On Health Care Than Almost All Other OECD Countries

Iceland Spending Less On Health Care Than Almost All Other OECD Countries

1939803_10203029542477066_2004537775_n_opt
Photos by
spitali.is

Published June 14, 2016

Only Mexico spends proportionately less on health care than Iceland, amongst all other OECD countries. Iceland has scarcely increased its budget allocations to health care, while Icelandic households have been paying more for it.

RÚV reports that from 2005 to 2009, Iceland only increased its budget allocations to health care by about 0.4% per year, on average. During this same period of time, Denmark increased its health care spending by 4% per year on average, and Norway and Sweden increased their health care spending by 2% each.

Meanwhile, household expenditures to health care have increased dramatically in recent years. In the 1980s, the average Icelandic household spent from 8% to 10% of its income on health care. In the past three years, by contrast, Icelandic households have been spending about 19% of their income on health care.

As it stands now, Iceland is second only to Mexico amongst OECD countries in terms of spending the least on health care, proportionately speaking.

A recent petition from deCODE CEO Kári Stefánsson to increase the health care budget to 11% has gathered the signatures of close to 87,000 Icelanders, making it one of the most-signed petitions in Icelandic history.


News
“Home Of Leifur Eiríksson” Mourns Beginning Of Trump Presidency

“Home Of Leifur Eiríksson” Mourns Beginning Of Trump Presidency

by

Today, Donald J. Trump officially becomes the 45th President of the United States of America. The entire world is aware

News
Icelanders Love Sugar, Not So Keen On Fruits And Vegetables

Icelanders Love Sugar, Not So Keen On Fruits And Vegetables

by

Icelanders eat more sugary foods and fewer fruits and vegetables than other Nordic peoples. At the same time, they also

News
Asylum Applications Triple Between The Years

Asylum Applications Triple Between The Years

by

Over 1,100 applications for asylum were submitted in 2016; about three times more than the year previous. Most of these

News
Faroese Conservatives Want To Host Trump-Putin Summit

Faroese Conservatives Want To Host Trump-Putin Summit

by

A conservative opposition party in the Faroese parliament believes their country would be the ideal hosts for a possible summit

News
First Poll Of New Year: Left-Greens Surge, Ruling Coalition Dips

First Poll Of New Year: Left-Greens Surge, Ruling Coalition Dips

by

The first Market and Media Research (MMR) poll of 2017 on levels of party support shows the ruling coalition taking

News
Arrests Made In Connection With Missing Woman

Arrests Made In Connection With Missing Woman

by

Three crew members of the Greenlandic ship Polar Nanoq were arrested by Icelandic police yesterday in connection with the disappearance

Show Me More!