Thursday 21 Nov

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Maeet: Empowering the private sector to lead comprehensive health coverage system


Maeet: Empowering the private sector to lead comprehensive health coverage system

Finance Minister Mohamed Maeet affirmed that providing affordable healthcare services is a fundamental human right recognized across nations worldwide.

He called for international development partners to support building comprehensive health coverage systems by directing more support and funds to enhance investment in human development, especially in light of the severe pressure imposed by global economic challenges on the budgets of various countries, including emerging markets.

During a panel discussion on “Health Coverage for Everyone”, at the World Bank and IMF Spring Meetings in Washington, the minister emphasized that Egypt is taking great paces to establish a strong comprehensive health insurance system, despite the economic challenges and financial pressures. He pointed out that this system aims to safeguard all the citizens from health or financial risks.

 He added that we are working to build up large financial reserves to ensure financial sustainability and the ability to provide healthcare services.

He noted that the Egyptian experience in comprehensive health coverage is receiving significant attention and support from international development partners.

It is based on strategic procurement mechanisms for health services, which enhance competitiveness between the public and private sectors, and ensure the improvement of quality.

He explained that there are incentives to attract the private medical sector to provide health care services under the umbrella of the new system. The state is working to strengthen the capabilities of the private sector, so that it leads the comprehensive health coverage system, pointing out that we are studying cooperation with major non-profit institutions and civil society associations that provide quality healthcare services.

 During his address, the minister emphasized the potential of “telemedicine” and digital technologies in advancing comprehensive health insurance services in the next stage.