Vietnam, US strengthen health insurance cooperation

VOV.VN - The Vietnam Social Security (VSS) and the US-ASEAN Business Council (USABC) on March 9 signed a memorandum of understanding (MoU) on realising health insurance policies.

The MoU is set to be valid for five years from the date of signing.

Under the document, both sides will increase cooperation in realising health insurance policies, including the development of sustainable universal health insurance coverage, an assessment of the overall quality of medical equipment and services covered by health insurance, along with health insurance payment verification.

They will also seek potential fields of cooperation such as digital application, social welfare consultation, and investment funds which may be developed in the future.

Both Vietnam and the US will share practical experience in executing payment models for treatment of cancer and acute non-communicable diseases, and examine solutions for Vietnamese patients to access modern medical treatment.

Ted Osius, president and CEO of the US-ASEAN Business Council (USABC), said the US business community highly appreciated the Vietnamese government’s efforts in protecting people’s health from COVID-19 risk and resuming post-pandemic production to keep up with the global trend.

The US-ASEAN Business Council (USABC) is a non-profit organisation with headquarters located in Washington D.C. It represents 175 member corporations which have business operations globally, the majority of which are listed in top 500 of US leading companies as voted by Fortune magazine.

The council supports member companies to conduct business in Southeast Asia, thereby contributing to promoting economic relations between the US and countries throughout the region.