Germany’s lower house of parliament on Friday approved a bill to overhaul the creaking health insurance system. The bill, aimed at saving €16.3 billion, now goes to the Bundesrat, the legislative body representing Germany’s 16 federal states.
Reform Details
The healthcare reform is part of a long-awaited package announced by the government last week. Containing health insurance expenses, which are shared by workers and employers, is a central part of Chancellor Friedrich Merz’s push to revive the economy by reducing financial and bureaucratic burdens on companies.
Alexandra Bishop, AstraZeneca president for Germany, said the law penalises innovation and puts investments in Germany at risk. “This is not a signal for the future,” Bishop said. “What we need is a policy that treats health and economic strength as one – and recognises innovation as a competitive advantage, not a target for cuts.”
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
