The companies that could be big winners with the NHI

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Not every company in the private sector stands to lose out with the NHI – some can be big winners if they manage to score government contracts.

Pharmaceutical companies and big pharma retailers stand to gain from the immense buying power of the National Health Insurance Fund once it is in operation – but contracting will to be negotiated, and doubt remain about the state’s capacity to pay on time.

The expected impacts of the NHI on pharmaceutical companies and retailers include concerns over pricing regulations, procurement models, potential reductions in earnings for suppliers, and the need for collaboration between the public and private sectors to ensure a sustainable healthcare system.

However, “lower pricing for pharmaceuticals suggests lower earnings for suppliers , particularly those that serve South Africa as a primary market,”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NHI: Business gears up for possible legal battle as Ramaphosa set to make 'damaging' bill lawNHI: Business gears up for possible legal battle as Ramaphosa set to make 'damaging' bill law
Source: News24 - 🏆 4. / 80 Read more »