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China’s healthcare insurance industry on the fast-track

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24-Dec-15 China's public insurance coverage is far less than adequate with low reimbursement rates – patented medicine and use of high-end medical devices are usually not covered. These gaps, together with China’s effort to boost investment in private healthcare insurance, have opened up attractive opportunities for foreign insurance companies, as the sector grows at over 40% annually. [image: China Briefing]

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Korea's act for overseas medical services

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23-Dec-15 Korea's Ministry of Health announced the Act on Overseas Medical Service & Support for Foreign Patient Attraction will become effective on 23-Jun-16. The Act helps Korean medical institutions make inroads abroad and supports the interests of non-Korean patients in Korea. Medical advertisements in foreign languages will be allowed at Korean airports, and overseas patients will be able to receive remote services via IT. [image: Business Korea]

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AMA, insurers dig in for private health battle in Australia

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21-Dec-15 Australia's doctors lobby has warned the government not to allow health funds to price insurance based on factors such as age and lifestyle, while attacking "junk" policies that don't cover common procedures. Government budgets are under strain and surging costs have put pressure on premiums, prompting a federal review into private insurance and other reviews of the health system. [image: Andrew Meares / The Age]

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Japanese players slow to see that data drives latest equipment trend

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15-Dec-15 At the recent RSNA exhibition in Chicago, GE proposed a system for information sharing across multiple settings, and Siemens devoted a big chunk of its space to the use of data, while Japanese players used the event to showcase more traditional technology. Finding ways to use data more effectively is assuming growing importance, but Japanese makers appear less interested in following this trend. [image: Nikkei Asian Review]

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