Avoiding this crisis requires a transformation in cooperation between healthcare providers, insurers and health authorities, underpinned by technology integration across the whole system. Ignoring the impact of Covid-19, healthcare costs rose by 23 per cent in the five years to 2023, with taxpayer-funded costs increasing from 50 per cent of the total to 52 per…
The government’s recent decision to significantly increase public hospital fees has reignited concerns about the long-term sustainability of the system. Hong Kong’s reliance on a tax-funded model is becoming fiscally unsustainable. Rather than merely raising charges for medical services, a comprehensive and forward-thinking approach to healthcare financing reform is urgently needed. Decades of reliance on…
In recent years, a trend has emerged across the UK where nearly one in eight Britons now have private medical insurance. Yahoo Finance UK spoke to LifeSearch CEO Debbie Kennedy to shed light on what is driving this growing reliance on private healthcare. With NHS waiting lists stretching into months and families increasingly anxious about…
On Wednesday, Brian Thompson, the chief executive of UnitedHealthcare, was fatally shot in midtown Manhattan in what police are calling a “pre-meditated, preplanned, targeted attack.” Days before, Anthem Blue Cross Blue Shield said in a note to providers that it would limit anesthesia coverage in some states if a surgery or procedure exceeded a set…