BANGKOK, 18 June 2019 (NNT) – The Department of Internal Trade today invited representatives of 353 private hospitals nationwide to a briefing on the public notification of the prices of drugs, medical supplies and medical services to patients are treated at hospitals.
Internal Trade Department Director General Wichai Phochanakit said the private hospitals need to notify the public of the prices of drugs, which should not include the hospital room, air-conditioning or pharmacist fees.
Overcharging drugs prices
Some hospitals were reported to charge the prices of drugs 8,000-16,000% higher than the average prices.
The private hospitals are currently required to submit the buying and selling prices of drugs to the Department of Internal Trade by July 12.
The prices will be displayed on the department’s website while a QR Code will be provided for people to check the prices at the private hospitals.
The department is not yet taking measures to enforce the setting of the maximum prices of drugs, though some private hospitals may have already overcharged them.
Maximum prices of drugs might be legally enforced
The maximum prices of drugs might be legally enforced if those hospitals continue to overcharge.
Any change in the prices of drugs is to be publicly notified 15 days in advance so that the new prices will be updated online.
The hospitals are to notify the fees for initial medical treatment, so patients can decide in advance. That is in line with standard procedures of the World Health Organization.
Governments most exposed to coronavirus have strong fiscal and external buffers
Moody’s baseline assumption is that the economic effects of the outbreak will continue for a number of weeks, after which they will tail off and normal economic activity will resume.
As measures to contain the coronavirus and fear of contagion hit consumption and production, downside risks to our GDP growth forecast for China (A1 stable) have increased., says Moody’s Research Announcement.(more…)
Bank cuts Thai 2020 GDP growth outlook to 2.7%
SCB’s Economic Intelligence Center (EIC) has released its latest growth forecast, at 2.7 percent, showing a slow recovery from just 2.5 percent economic growth in 2019
SCB’s Economic Intelligence Center (EIC) has released its latest forecast, indicating that the Thai economy at the end of 2020 will have grown by 2.7 percent, showing a s recovery from just 2.5 percent economic growth in 2019, thanks to a better performing export sector and improved global economy.(more…)
BOI steps up investment promotion measures in the EEC
The measures will be in effect from January 2, 2020, to December 2021. Applicants can sign up for the new privileges, with no deadline set for registration.
What is Forex Trading and how it works?
Why do the investors choose Forex trading? Forex trading is traded by currency pairs. This is because all currency trading...
APRIL International Care opens up TeleHEALTH service to address Coronavirus worries
The TeleHEALTH service means policyholders do not have to leave their home or workplace to “see” a doctor, with a...
Thailand rolls out New Investment Measures to Boost Economy
The new definition of qualified applicants now includes businesses that have not previously received BOI promotion privileges as long as...