European Healthcare Expenditure on Long Term Care (Health) by Voluntary Health Insurance Schemes by Country

In 2023, Belgium led in European healthcare expenditure on long-term care via voluntary health insurance schemes at 28.55 Euros per capita, showing a modest increase of 0.69% from the prior year. Malta followed with significant growth of 21.95%, reaching 26.57 Euros. Conversely, Switzerland and Liechtenstein experienced slight declines, while Denmark and Portugal showed positive growth. Lithuania's expenditure surged by 15.08%, while France saw a subtle rise. Spain, Croatia, and Estonia experienced reductions in expenditure. Luxembourg remained the least with 0.04 Euros per capita. Over the past five years, the average compound annual growth rate varied significantly across countries.

Looking ahead, the focus in European healthcare expenditure will likely shift towards more sustainable financing mechanisms, potentially affecting voluntary health insurance schemes. With aging populations, long-term care costs are expected to rise, prompting countries to explore innovative insurance models and digital health solutions to manage expenditure effectively. Pay attention to policy changes and technological advancements as key drivers for future trends in healthcare spending.