Re: Productivity - Norway leads the table.

On Sep 11, 3:09 am, Robert Latest <boblat...@xxxxxxxxx> wrote:
[... medicare etc ...]
So it strikes me as questionable whether the system is self-sustained with
just 3% of income.

Everybody pays and only some collect. The 3% is paid through out your
entire working life.

That being said, not the system isn't self-sustained. It is going to
run in the red eventually as the baby boomers retire. Still in terms
of money in to care provided it is a fairly efficient system. It has
an overhead cost of something like 3% which isn't too bad when you
compare it to the 20% or so of private insurance.

.

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