The healthcare expenditure by voluntary health insurance schemes in France, expressed in billion euros, experienced significant fluctuations over the past decade. In 2013, the value was 31.81 billion euros, peaking at 32.85 billion euros in 2015. However, from 2016 onwards, the expenditure dropped dramatically to 17.37 billion euros and remained relatively stable around 17 billion euros over subsequent years. In 2023, the expenditure stood at 17.75 billion euros. A slight upward trend is forecasted from 2024 to 2028, with the expenditure expected to reach 18.11 billion euros by 2028.
The year-on-year variation shows a drastic decline in 2016 by -47.14%, followed by minor fluctuations around 0.5% in the subsequent years, indicating a stabilization. The compound annual growth rate (CAGR) notably shifted from negative rates post-2015 to marginally positive rates around 0.5% from 2021 to 2023. The forecasted 5-year CAGR until 2028 is a modest 0.32%, suggesting a very slow growth trend.
Future trends to watch:
- The modest recovery and stabilization of healthcare expenditure suggest a possible shift in policy or market dynamics impacting voluntary health insurance schemes.
- Technological advancements and increasing digital health adoption could influence future expenditure patterns.
- Policy changes at the governmental level to support voluntary health insurance could further stabilize or potentially boost the sector.
