Study urges more private healthcare in China – Justine Lau

From the Financial Times:

China needs to transform its incentive system for doctors and provide clearer treatment guidelines to reduce wasted health resources, according to a study by McKinsey.

The country should also encourage more private insurance products to address a growing demand for better healthcare in the urban areas and cut the share of healthcare costs shouldered by the government, the consulting firm said.

China’s healthcare system, which has been undergoing restructuring over the last decade, has drawn strong public criticism because market-based reforms have meant that patients now have to pay for some treatment.

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