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Companies / Venezuela

Pricing Regulations For Medical Providers Advanced

July 2007 | Industry News

The Venezuelan government's Commission on Finances (CF) has improved a new set of regulations controlling the prices and eligibility requirements applied by private healthcare providers and insurers and instructed the National Integrated Service for Customs and Taxation Administration (Seniat) to draw up and then enforce single system of charges to be applied nationwide. The rules will set, in essence, a list of billable services, while excluding many charges and force private insurers to cover those with pre-existing conditions. The move falls far short of full-blown nationalisation, but will likely cripple the private healthcare sector in Venezuela. Indeed, it appears designed

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