Bloomberg News

Hungary Drug Subsidy Budget Needs Top-Up, Nepszabadsag Reports

August 24, 2012

Hungary’s drug-subsidy fund has exceeded its budget and its operator has asked for government help, Nepszabadsag reported, citing a document it obtained.

Drug expenditure reached 80 percent of the full-year budget this month and will run out by mid-September without extra cash, the newspaper said. The national health insurance administration has requested an extra 41 billion forint ($185 million) and may need as much as 70 billion forint to last until the end of the year, Nepszabadsag said.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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