Navigating the Netherlands: A payor guide
The healthcare system in the Netherlands can be a bit of a minefield for those unfamiliar with its quirks. Limits on the payment of dividends mean what companies are and are not willing to do differ from other countries, and who pays for what can get confusing. This week we look at how the elderly care system is financed with information from advisor Rune Aresvik from Vardetun.
Click here to see the HBI Intelligence country report on the Netherlands, and here to see the largest players in elderly care.
Next week Deals+Insights members can read our interview with Aresvik where he sets out further the pitfalls – and opportunities – in this unique geography.
The current policy in the Netherlands is to decrease the pressure on nursing homes (and reduce costs) by keeping the elderly at home for as long as possible. This creates a new challenge as many existing homes are not set up for the specific needs (social and physical) of an elderly person. In addition providing increasingly complex care at home will require high numbers of trained medical staff. This means that there is a growing need for clustered senior living solutions. The senior living market in the Netherlands is in an early stage of development compared to countries such as the US, England and France.
Payors vary depending upon the level of service needed. See chart above, where WMO refers to the Social Support Act, WLZ the Long Term Care Act, and Zorgverzekeringswet refers to health insurance.
We would welcome your thoughts on this story. Email your views to David Farbrother or call 0207 183 3779.
