Health costs pushed or worsened poverty for over 500 million

By Manas Mishra

(Reuters) – More than half a billion people globally were pushed or sent further into extreme poverty last year as they paid for health costs out of their own pockets, with the COVID-19 pandemic expected to make things worse, the World Health Organization and the World Bank said on Sunday.

The pandemic disrupted health services globally and triggered the worst economic crisis since the 1930s, making it even more difficult for people to pay for healthcare, according to a joint statement from both the organizations.

“All governments must immediately resume and accelerate efforts to ensure every one of their citizens can access health services without fear of the financial consequences,” WHO Director-General Tedros Adhanom Ghebreyesus said.

Tedros urged governments to increase their focus on health care systems and stay on course towards universal health coverage, which the WHO defines as everyone getting access to health services they need without financial hardship.

Healthcare is a major political issue in the United States, one of the few industrialized countries that does not have universal cover for its citizens.

Globally, the pandemic made things worse and immunization coverage dropped for the first time in ten years, with deaths from tuberculosis and malaria increasing.

“Within a constrained fiscal space, governments will have to make tough choices to protect and increase health budgets,” Juan Pablo Uribe, global director for health, nutrition and population at World Bank, said.

(Reporting by Manas Mishra in Bengaluru; Editing by Shounak Dasgupta)

Trump meets insurers, promises catastrophic year for Obamacare

Health and Human Services Secretary Tom Price (C) and Aetna CEO Mark Bertolini (R) listen to U.S. President Donald Trump speak during a meeting with health insurance company CEOs at the White House in Washington, U.S.

WASHINGTON (Reuters) – President Donald Trump told several chief executives of large insurance companies on Monday that 2017 will be a “catastrophic” year for the Affordable Care Act as he seeks to make good on a campaign promise to repeal the measure.

The Republican president told the insurers they must all work together to save Americans from the law known as Obamacare and try to bring down health care prices. He said he hoped to work with Democrats on a health care plan to repeal the law, which provided coverage for millions of uninsured Americans.

(Reporting by Steve Holland; Writing by Doina Chiacu)