OECD Data Shows Long-Term Care Drive Health Expenditure, Health Outcome Variations Persist - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 21, 2017 Newswires
Share
Share
Post
Email

OECD Data Shows Long-Term Care Drive Health Expenditure, Health Outcome Variations Persist

Targeted News Service (Press Releases)

BRUSSELS, Nov. 20 -- The European Federation of Pharmaceutical Industries and Associations issued the following news release:

The OECD recently published its yearly report consolidating and analysing health statistics known as Health at a Glance 2017. The report provides an overview of overall health status in OECD countries, and how medical progress has contributed to longer and healthier lives for citizens. The report notes that mortality from Ischemic Heart Disease (including heart attacks) and cerebrovascular disease (including stroke) has fallen by 50 percent or more since 1990, which the OECD attributes both to a reduction in risk factors (in particular smoking) and improved medical treatments. Also mortality for several cancers have decreased, thanks to early detection and improved treatments. 5-year survival for children with leukemia has also improved, primarily due to improved chemotherapies and stem cell technology.

The report also highlights stark differences in healthcare outcomes for a number of common diseases and conditions. For foot or leg amputations for diabetes patients there is a 14-fold difference between OECD countries. For example, Italy, Finland and the United Kingdom report rates lower than 3 per 100 000 general population whereas Austria reports rates above 14. Other EU countries that have amputation rates above the OECD average include Germany, Estonia and Portugal.

Looking at stroke-care, the OECD data reveals that the 30-day mortality after stroke is around 8 per 100 patients for the best performers in Europe - Finland, Switzerland and Norway, while countries including Czech Republic, Slovenia and Estonia have rates way above the OECD average of 11,6 per 100 patients, with Latvia having a rate as high as 25 per 100 patients. The OECD statistics also show the power of being able to link data between hospitals, thereby capturing also patients who were originally admitted to one hospital but died in another hospital.

Variations in outcomes also exist for cancer care. According to the OECD data, the 5-year survival rate for women with breast cancer is close to or above 88 percent in Sweden, Finland, Norway and Portugal, but only around 73-76 percent in Lithuania, Slovakia, Poland and Estonia.

The report also contains statistics of health expenditure across OECD countries, and shows that during the last few years (2009-2015), the growth of pharmaceutical expenditure has been negative (the expenditure has contracted by 0,5 percent annually) whereas in particular long-term care and outpatient care have been driving increased healthcare expenditure (by 3,2 percent and 2,3 percent respectively). All in all, health expenditure is still growing much slower compared to the years before the economic crisis, with a growth rate of 1,4 percent as the OECD average.

Commenting on the report, EFPIA's Executive Director for Strategy and Healthcare Systems Thomas Allvin said: "Variations in health outcomes have many causes, one being the level of investment in new technologies such as screening programmes, diagnostics and innovative medicines. But there are also variations where the organization and coordination of care is a substantial factor. For example, the high rate of foot and leg amputations in some countries reflect a failure of managing diabetes care through primary and community care services, to a huge cost for patients and societies."

For healthcare services to be able to better analyse and act upon variations in quality of care, EFPIA calls for more standardized collection of health outcomes data across providers and countries. This would not only enable better health outcomes for patients, but also reduction of waste and making healthcare systems more sustainable. For this reason, EFPIA welcomes the new OECD project to collect comparable Patient Reported Outcomes from OECD countries for a number of conditions and disease areas. The so-called PaRIS project - Patient Reported Indicator Survey - was mandated by the OECD Health Ministers in January of this year, and will complement the already existing statistics on healthcare inputs and processes with more granular and comparable information on actual health outcomes for patients.

This document was posted showing the date: Nov. 20, 2017.

Older

American College of Physicians Says Efforts to Increase Health Care Price Transparency are Vital

Newer

Administration to end temporary permits for almost 60,000 Haitians

Advisor News

  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
  • Are families ready for the costs of aging at home?
More Advisor News

Annuity News

  • New class-action lawsuit targets Delaware Life over annuity disclosures
  • A client remarried: Does their annuity still fit?
  • Gen X and millennials seek new retirement model
  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
More Annuity News

Health/Employee Benefits News

  • NABIP urges Congress to address underlying healthcare costs
  • Understanding health insurance: What fraud, waste, and abuse mean for your healthcare
  • Fairview sues UnitedHealthcare over 2027 Medicare plan info
  • Women can face challenges in obtaining LTCi
  • Health affordability task force considers utility model
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Life insurance applications rise 15.2% in September, MIB reports
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • What ‘above and beyond’ means for today’s advisor
  • AM Best Maintains Stable Outlook on Indonesia’s Non-Life Insurance Segment
  • Owings Mills insurance agent pleads guilty to stealing more than $100,000 in life insurance commissions
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.