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Spain's medical system in rude health: Study

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Spain's medical system in rude health: Study
Spain snatched fifth spot globally and first place in Europe in the latest edition of Bloomberg's health care spending efficiency rankings. File photo: Jeff Kubina
16:23 CEST+02:00
Spain crisis-hit health care system has been named number one in Europe for spending efficiency by financial news giant Bloomberg.

Spain health care system has weather protests and spending to snatch fifth spot globally and first place in Europe in the latest edition of Bloomberg's health care spending efficiency rankings.

With a life expectancy of 82.3 years, a per capita health care cost of $3,027 (€2287), and overall health care spending at 10.4 percent of gross domestic product (GDP), Spain clocked up an efficiency spending score of 68.3 out of 100.

The global winner was Hong Kong with a score of 92.6. Life expectancy in the former UK colony is a very high 83.4 while heath spending eats up just 3.8 percent of GDP.

Singapore and Japan came second and third.

In Europe, Italy came close with a score of 66.1, placing it sixth on the Bloomberg list.

Switzerland and Sweden also placed in the top ten with scores of 63.1 and 62.6 respectively.

Switzerland is the only large country in Europe with higher life expectancy than Spain (82.7 years), but the per capita health spend in the alpine country is three times higher at $9,121.  

In putting together its list, Bloomberg ranked countries on life expectancy (weighted at 60 percent), and on relative per capita cost of capital health care (a 30 percent weighting), which is health care spending per capita as a percentage of GDP. 

Rankings also took into account the absolute cost of health care which includes services like preventive medicine, family planning and emergency aid. This was weighted at 10 percent.

Countries included had populations of at least 5 million, a GDP per capital of $5,000 and a life expectancy of at least 70 years.

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