In order to continue offering insured patients high-quality care, hospitals will have to raise their prices with insurance companies by 15% as of January 2, 2025.
Under the direction of its President, Sleiman Haroun, the Syndicate of Hospital Owners in Lebanon convened on Thursday.
Participants talked about “the contractual relationship between hospitals and insurance companies,” including the rates that insurance companies pay hospitals, according to a news release.
They noted that, especially after the subsidy on some consumer goods that are included in the cost of hospital services (non-billable items) was lifted, the real cost of services is no longer keeping up with the increase in product prices. The cost of services has increased due to additional variables as well.
The press release also points out that companies have increased the prices of insurance policies, while contractual rates are still around 25% to 40% lower than those in force in 2019.
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