China moves to curb health costs

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Old Aug 19th, 2009, 02:30 PM   #1
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Default China moves to curb health costs

China has moved to control healthcare costs, planning to buy and distribute essential medicines now mostly sold at huge mark-up prices through hospital pharmacies.

The measures are part of an Rmb850bn ($124bn, €88bn, £75bn) overhaul of the country’s ailing health system, aimed at securing basic medical services for every citizen and increasing efficiency and transparency in drug use.

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