Vietnam’s health coverage likely to hit 83% this year

October 25 2017 by InsuranceAsia News Staff

Health insurance penetration in Vietnam is anticipated to reach 83% this year from 82.2% in 2016, according to Prime Minister Nguyen Xuan Phuc at the fourth session of the 14th National Assembly in Hanoi.

The coverage figure is among the 13 socio-economic targets that the Vietnamese government hopes to achieve this year.

Aside from health insurance coverage, the socio-economic targets for this year include development investment at 33.42% of GDP, export growth of 14.4%, and restraining the trade deficit to only 1.5%, among others.

The prime minister also revealed that the ratio of social insurance card holders in Vietnam is expected to hit 85.2% of the total population this year, while the total number of hospital beds is forecast to rise to 25.7 beds per 10,000 people against the set goal of 25.5 beds.

Overall, the prime minister sketched out specific goals for 2018, including GDP growth of 6.5-6.7%, with an average consumer price index of about 4%.