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> The system runs a massive financial deficit. French person here. Although the deficit of the healthcare system is often pointed at by the media, it is far fr
by ElKrist 10y ago
> The system runs a massive financial deficit.
French person here. Although the deficit of the healthcare system is often pointed at by the media, it is far from "massive".
From [1] translated in English:
"This budget is in deficit, (...) but this deficit is far less than the budget of the State. In 2011, the deficit of the Social Security represented 2,66% of its total budget (11,7 / 440,8 billions €) compared to 45% for the State budget (92 / 200 billions €)."
I'm not saying that it's OK to have a deficit because the State deficit is bigger. But we should keep orders of magnitude in mind (the French budget would be in super-duper-massive deficit then?). Plus, as you can also see in [1], the deficit is shrinking since 2010 and getting close to zero.
Yes, there are some optimizations possible in the French Social Security. I can't find the source anymore but the cost of running the public Social Security is lower, in percentage, than French private healthcares (if my memory is right its 8% vs 25% of the total budget of each organization)
It is not hard to imagine that economies of scale play a major impact for this.
[1] https://fr.wikipedia.org/wiki/Budget_de_la_S%C3%A9curit%C3%A9_sociale https://fr.wikipedia.org/wiki/Budget_de_la_S%C3%A9curit%C3%A...
- nraynaud 10y agoCareful, I think you lumped together the retirement and health branches, the health side has a lower deficit than the retirement side, that means that the health insurance has a lower deficit than what you stated.
- ElKrist 10y agoYes. And in my quote it is mentioned "Social Security" not "Healthcare branch of the Social Security". I took the Social Security as a whole because it's the total deficit of the Social Security that is often pointed at by the media. The "Healthcare branch" is not the one performing the best but the order of magnitudes are the same