Rising European Health Care Costs Will Hurt Sovereigns But Benefit Private Sector, Says Report Sep 06

Standard & Poors, September 2006

Abstract
LONDON (Standard & Poor's) Sept. 29, 2006--Like the rest of the world--Europe can't hide from the coming age wave--according to a report titled "As Europe's Health Spending Rises, Sovereigns Will Suffer, But Private Health Care Should Thrive," published today by Standard & Poor's Ratings Services on RatingsDirect. "Rises in health care, and long-term care expenditures will weigh on national and economic and fiscal performances," said Standard & Poor's credit analyst Moritz Kraemer. "On a more positive note, an aging population is likely to bring new opportunities to European companies that do business in health care, especially as the private sector benefits from an expected deregulation trend." The report highlights that even under a benign cost- containment scenario the EU-15 median's...

Companies mentioned in this report are:
- Austria (Republic of)
- Denmark (Kingdom of)
- Finland (Republic of)
- Sweden (Kingdom of)
- France (Republic of) (Unsolicited Ratings)
- United Kingdom (Unsolicited Ratings)
- Spain (Kingdom of)
- Germany (Federal Republic of) (Unsolicited Ratings)
- Belgium (Kingdom of) (Unsolicited Ratings)
- Italy (Republic of) (Unsolicited Ratings)
- Ireland (Republic of)
- Netherlands (The) (State of) (Unsolicited Ratings)
- Portugal (Republic of)
- Greece (Hellenic Republic)
- Luxembourg (Grand Duchy of)
- Fresenius Medical Care AG & Co. KGaA
- Marseille-Kliniken AG
- Fresenius SE & Co. KGaA

Action: General Comment

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

- Austria (Republic of)
- Denmark (Kingdom of)
- Finland (Republic of)
- Sweden (Kingdom of)
- France (Republic of) (Unsolicited Ratings)
- United Kingdom (Unsolicited Ratings)
- Spain (Kingdom of)
- Germany (Federal Republic of) (Unsolicited Ratings)
- Belgium (Kingdom of) (Unsolicited Ratings)
- Italy (Republic of) (Unsolicited Ratings)
- Ireland (Republic of)
- Netherlands (The) (State of) (Unsolicited Ratings)
- Portugal (Republic of)
- Greece (Hellenic Republic)
- Luxembourg (Grand Duchy of)
- Fresenius Medical Care AG & Co. KGaA
- Marseille-Kliniken AG
- Fresenius SE & Co. KGaA

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