The claim that Bismarck nations have higher healthcare expenditures than Beveridge countries is false. Bismarck systems use insured healthcare via payroll deductions, whereas Beveridge systems utilize taxation for a single-payer setup that tends to lower costs.
The assertion that Bismarck nations tend to have higher national healthcare expenditures than Beveridge countries is false. Bismarck healthcare systems, named after the Prussian Chancellor Otto von Bismarck, primarily operate with a mix of private health insurance and state oversight, focusing on multiple insurers called sickness funds that are usually financed jointly by employers and employees through payroll deduction.
On the other hand, Beveridge countries, named after the British social reformer William Beveridge, typically have a single-payer system funded by taxes, where the government provides healthcare to all residents. These systems aim to minimize costs through government oversight and economies of scale. As per the 2010 OECD study referenced, it is often observed that Beveridge countries have more regulation and cost control measures in place, which can lead to lower overall healthcare spending.