SvenCare© Failing

Friday, February 26, 2016
It's been a while since we checked in on the Swedish national health care scheme (most recently here). Despite the country's relative homogeneity (which, to be fair, has come under increasing challenge due to the influx of, um, refugees), the system has gone on overload, with increasingly long wait times and a corresponding decrease in actual health care delivery.

As a result, almost 10% of the population now owns private health insurance, -

Wait: you didn't know that countries with national health care schemes also harbor the deep, dark secret shame of private health insurance? Regular IB readers know -

which amounts to almost half a million folks. And what does such a policy provide? Well, for one thing, much shorter wait times, which translates to faster return-to-work times, so it's win-win for those hard-working Swedes.

[Hat Tip: Co-blogger Mike F]