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Managing Health Care Costs in the Asia Pacific

The survey results show the cost of health care benefits is projected to increase by 7.9% in 2016

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The 2016 Global Medical Trends Survey draws on responses from 174 leading medical insurers, of which 45% are from Asia Pacific.

The survey results show the cost of health care benefits is projected to increase by 7.9% in 2016. The increase is driven largely by higher cost of hospital and inpatient services, medical technology and providers overprescribing or recommending too many services.

By Willis Towers Watson

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Source : Managing Health Care Costs in the Asia Pacific

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Thai Government Orders 20 Million Doses of Pfizer COVID-19 Vaccine

The ministry will have a month to negotiate with Pfizer, while the company must send documents to register the vaccine with the Food and Drug Administration (FDA).

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BANGKOK (NNT) – The Public Health Ministry announced that the government has approved the order for 20 million doses of the Pfizer COVID-19 vaccine.

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Thailand Calls for Lifting of Intellectual Property Protection on COVID-19 Vaccines

Thailand will push for COVID-19 vaccines to be removed from intellectual property protection lists, as per the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement.

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BANGKOK (NNT) – Commerce Minister Jurin Laksanavisit has called for the lifting of intellectual property protection on COVID-19 vaccines, during a virtual meeting with trade ministers from Asia Pacific Economic Cooperation (APEC) countries.

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