Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Cabinet Approves World Bank Financing for Health Insurance System


Wed 29 Apr 2020 | 06:24 PM
Taarek Refaat

The Egyptian cabinet approved on Wednesday to proceed with the necessary procedures needed to obtain a concessional financing from the World Bank (WB) to help support the country’s newly adopted comprehensive health insurance system.

This came during the cabinet's weekly online meeting under the direction of Prime Minister Moustafa Madbouly.

In a statement today, the cabinet stated that the bank agreed to increase the value of the financing to $ 400 million instead of the earlier estimate of $ 250 million.

The cabinet pointed out that the financing comes to finance those who are unable to join the comprehensive health insurance system, in addition to the rehabilitation of the infrastructure in the governorates in which the new system will be applied, as well as undertaking institutional support for the new health system.

[caption id="attachment_124075" align="aligncenter" width="960"] The cabinet's weekly online meeting[/caption]

It is noteworthy that the new health insurance system was launched last year in five governorates, including Luxor, Ismailia, Aswan, Suez and South Sinai.

The first phase includes eliminating the patient’s waiting lists, developing 47 hospitals nationwide, maintaining strategic stocks of vaccines, making medical checkups for 45 million people and providing the treatment for those infected with Hepatitis C in two years, as well as improving the work environment for medical crews working in Health Ministry hospitals.

The new health insurance system applies to 6 phases within 15 years, from 2018 to 2032.