Demand curves still slope downwards

Unsurprisingly, high-deductible health plans lead to lower utilization of healthcare services. A study by Sandoval et al. (2021) use data from 2007-2019 from Switzerland to show that this is the case. Participants with high-deductible plans reported forgoing health care more frequently than those with low-deductible plans (331 [13.5%] vs 591 [8.7%]). In adjusted analysis, higher-deductible…

Health Care Around the World: Switzerland

I have already written about Switzerland in previous posts (see Swiss Healthcare Sytem: Part I, and Part II). Still of all the countries with universal health care, Switzerland’s is the most market-oriented and merits discussion. Switzerland’s health care spending as a percentage of GDP is second only behind the U.S. (11.6% of GDP for Switzerland,…

Risk Equalization and deductibles

In this blog, I have written about the Swiss (part one, part two) and Dutch healthcare system extensively. Both systems have a “regulated competition” where insurance is mandatory and insurance companies are mandated to provide a specific insurance benefit package. In the Swiss system, 85% of medical expenditures are financed by insurance premiums and 15%…

Swiss Healthcare System: Part II

In November, I wrote a post about the Swiss healthcare system. Today, I am giving you a bullet-point summary, offering more detail concerning healthcare in Switzerland. Most of this information comes from Frank and Lamiraud’s working paper. In the Swiss healthcare system: there is an insurance mandate for all individuals, the government defines a what…

Swiss Healthcare System

Maggie Mahar has a interesting post discussing the Swiss health care system (“Herzlinger’s Meme on Switzerland and Consumer Driven Medicine“). The Swiss government mandates that all individuals purchase health insurance. While the insurance is subsidized by the government–and more heavily subsidized for poor Swiss individuals–most Swiss pay a large percentage of their insurance premiums. The…