“Massive Hole” In Hungary’s Health-Care Budget
- 18 Aug 2014 9:00 AM
György Velkey said the under financing of Hungarian health care can only be remedied by apportioning a greater slice of public spending to the system.
Back in the mid-1990s, Hungary spent 6.1% of its economic output on health care, and this put the country at the top of the group of countries with a similar ratio of health-care spending, including the Czech Republic, Slovenia, Belgium, Britain and Switzerland.
Now it has fallen to below 5% of GDP, while the Czech Republic and Slovenia have bumped it up to 6.4-6.5%. In Switzerland and Britain 7-8% of GDP is now spent on health care, he added.
Source www.hungarymatters.hu
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