Medical Care Technologies Inc (MDCE)

[Bretwalda]

"China expands national healthcare insurance to cover serious illnesses"

http://news.asiaone.com/News/Latest%2BNews/Health/Story/A1Story20120831-368783.html

"The new arrangement will further increase the level of protection that China's healthcare insurance system can offer, according to a document co-issued by the National Development and Reform Commission and five other central government departments.

Sun Zhigang, head of the health reform office under the State Council, said it aims to ensure that each patient's total medical expenditure is no more than the "household expenditure for healthcare," which is set at the level of the regional annual per capita disposable or net income."


Sounds like good news to providers like MDCE and patients in China.