Friday, November 24, 2017

Vietnam seeks to expand health insurance coverage

With a growing elderly population, Vietnam is working to expand the country’s health insurance coverage and improve health care delivery.

As of 2016, about 81.7% of the country’s population was already covered by insurance plans, up from 68% in 2013, according to health minister Nguyen Thi Kim Tien.

The government aims to bring the country’s insurance coverage to 100% of the population by 2030, and it is confident to achieve the goal with all the additional initiatives in the works.

Vietnam’s health insurance goal is aimed at addressing the expected population.

The UN Population Fund said the national population will grow to 105 million by 2049, with those aged 65 or above growing by 18.8% over the same period.

The government is also looking to the private sector to meet some demands being placed on the industry, designating healthcare as one of 17 sectors open to foreign investments in January last year.

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