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New research reveals the most expensive countries for healthcare

August 16, 2019


Compared to other high-income countries, Switzerland actually spends the most on out-of-pocket healthcare when compared to the average income, new research shows.

With an average annual salary equivalent of $62,283 and total voluntary/out-of-pocket health spending of $5,291.73, the Swiss are spending 8.5% of their income on healthcare per year, according to Organisation for Economic Co-operation and Development (OECD) data.

In comparison, the US spends 4.8% of each citizens’ $60,558 average annual salary on voluntary and out-of-pocket healthcare – despite being the only OECD country where government spending and compulsory health insurance isn’t the primary source of health financing.

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