Denmark adds $739 million to healthcare.

Denmark adds $739 million to healthcare.
Image: Reuters

Denmark’s Prime Minister Mette Frederiksen announced on Tuesday that the country’s stronger-than-expected economic growth will be used to invest an additional 5 billion Danish crowns ($739 million) per year into the country’s healthcare system.

Danes pay some of the world’s highest taxes to fund a generous welfare system that includes free healthcare for all. However, as the population ages, the government is under pressure to increase spending.

According to Eurostat, healthcare accounts for 10.5% of Denmark’s GDP, making it the European Union’s second-highest spending per capita, trailing only Luxembourg.

“The reason we can do this today, give a major boost to our healthcare system,” Frederiksen said at a press conference, “is because the Danish economy is doing better than we had expected.”

Despite challenges from the COVID-19 pandemic and an energy crisis, the Danish economy is experiencing a moderate boom, with low unemployment and high industrial activity.

However, in order to combat high inflation, the government has attempted to limit fiscal spending.

Some of the additional funding, according to Frederiksen, would go toward innovative therapies, cancer care, and reducing disparities in access to healthcare based on factors such as location and socioeconomic status.

Recent media reports in Denmark have revealed rising treatment and surgery waiting times, making cancer care a contentious issue.

About News Team

Hi, I'm Alex Perez, an experienced writer with a focus on lifestyle and culture news. From food and fashion to travel and entertainment, I love exploring the latest trends and sharing my insights with readers. I also have a strong interest in world news and business, and enjoy covering breaking stories and events.

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