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Biz Wire Dec. 06: On The Frontline

Dec 6, 2010

Hospitals For Healthcare

A Month Of Bankdays

Raising The Minimum Wage

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[2010/11/03] Biz Wire Nov. 02: Infrastructure
[2010/11/03] Biz Wire Nov. 02: Question Of The Day
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[2010/11/03] Biz Wire Nov. 03: Biz Events
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[2010/11/03] Biz Wire Nov. 03: Trade
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Drug Price Scandal

Now to today's Net Check. Crippling hospital bills, over zealous doctors, high priced medicines sound familiar? If healthcare is a hot topic in the U.S. it also is here in China. The latest healthcare controversy to erupt here is focused on the cost of prescription drugs. An here has revealed that medicines in one hospital were being sold to patients for nearly 10 times what it should have cost. One patient was charged more than 30 dollars for one prescription - when it should have set her back a little over four dollars. To put this in context, the average urban monthly salary here is around 600 dollars.
Now this isn't an isolated case. Hospitals often inflate the price of drugs so they can turn an easy profit. There have been numerous cases of pharmaceutical companies bribing doctors to prescribe their drugs. And there's an unwritten rule in many hospitals that doctors give ‘hong bao’ or under the table cash to ensure they get the best treatment.
China Take Oct. 18: Net Check

Abuse Of Mental Hospitals
Blessed Are The Falsely Accused…