The France Healthcare Market is an extremely useful and applauded facility provided by the French government. The service provides universal coverage in terms of medical resources to the legal residents in the area. The system provides a pathway for patients to access a fully integrated network of public and private hospitals. The structure of the facility brings together a network of doctors as well as medical service providers stationed throughout France.
Statistics pertaining to the healthcare facilities in France
The health care system in France is a government-aided medical facility under national health insurance. The government health expenditure accounted for a value of 83.74% with total spending of USD 253,646 Million. The healthcare unit within France constituted value of 9.37% of the GDP in the year 2019. The OECD average for the year 2019 had a value of roughly 8.8%. Therefore, France has a higher value of GDP based growth and acquisition as compared to most of the rich countries since the value of its GDP is above the OECD average.
According to healthcare market research reports, French health care spending is distributed by part amongst obligatory health contributions levied on all salaries. This contribution is paid by all the citizens of France including employers, employees, and the self-employed people. Another segment of this funding is provided by the central government; and end-users who normally have to pay a small fraction of the cost incurred while procuring these services. Roughly 78% of the healthcare spending within this sector is encompassed by government-funded agencies.
As per healthcare market research reports from the OECD, France has experienced a fluctuation in terms of health care spending to GDP ratio in the recent past. The value peaked during a financial crisis in the year 2014 by 11.6%, followed by a gradual decline in 2018 to an estimated worth of 11.2%. Hence, the France Healthcare Market spending continued to outpace the economic growth till the year 2016 after which it attained a stagnation point. The point of stability was established due to measures employed to curtain the costs including price negotiations based on pharmaceuticals.
The data obtained about the functioning of the French-based health care system is taken from dynamic market research reports. Global Market Database is one of the sources that provide market data that shifts in line for the changing market trends associated with the health care industry. The cloud-based platform offers data with respect to recent years that are relevant to the changing scenario.
Government insurance coverage in France
Most of the general physicians present in France are in private practice yet they draw their income from public insurance funds. The primary health care providers constitute a network of roughly 23,000 general practitioners (GP), i.e. for every 2600 inhabitants of the area, there is one practitioner. On performing a comparative analysis with the UK, France has roughly 10% more GPs. The area has twice as many hospital beds and over 40% more nurses and midwives as compared to the U.K.
Unlike its German counterparts, this funding has not obtained self-management responsibilities instead it is looked after by the government. The financial as well as operational management of health insurance including setting premium levels of insurance is done under the care of the government.
As of the year 2000, funding facilities for healthcare-based aid were restricted to certain segments of the society, i.e. people who contributed to the social security of the nation including workers or retirees. Previously, citizens who were considered to be below the poverty line could not procure these amenities. However, under the government of Lionel Joseph new regulations were imposed on the health care facilities provided over the nation. The medical assistance was made available to all segments of the society including universal health coverage that could be extended to all the legal residents of France.
The French government refunds roughly 70% of the health-care costs borne by the patient. The governing body ensures 100% coverage of patient costs in case of long-term ailments. Long duration medical problems include ailments like cancer, diabetes, etc. Supplemental sources of coverage can be attained from private insurance companies and mutual insurers. Most of these private facilities are non-profit organizations. Around 62% of hospital beds in France are provided by public hospitals, around 14% by private non-profit organizations, and 24% by for-profit companies.
Private insurance companies refund only 3.7% of the hospital costs incurred during therapeutics and treatment, instead, it covers a larger segment of costs related to medicinal prescription. The spectacles and prosthesis cost coverage amounted to a value of 21.9% while drugs comprise 18.6% and dental care constituted 35.9% in the year 2000.
