Tag: obama care health

Rising health care costs: How might they be tackled?

KEY POINTS:
  • A new report shows Australians are delaying medical care due to rising health care costs.
  • The report highlights declining bulk billing rates, longer wait times, and an aging GP workforce.
  • It comes as Prime Minister Anthony Albanese is set to meet state leaders to discuss a plan to overhaul Medicare.
Prime Minister Anthony Albanese will meet with state and territory leaders to consider a plan to solve challenges within Australia’s healthcare system.
Premiers and chief ministers will meet Mr Albanese in Canberra on Friday for the first national cabinet meeting of the year, after he hosted dinner at the Lodge on Thursday night.
At the top of the agenda will be the findings of a review by the Medicare task force on measures to improve healthcare affordability and accessibility, support Australians with chronic health conditions and take pressure off hospitals.

Leaders will also be updated on Closing the

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Asia’s Richest Man Mukesh Ambani to Foray Into Genome Testing with $145 Kit

(Bloomberg) — Billionaire Mukesh Ambani’s group is getting into genetic mapping, looking to make a health care trend led by disruptive US startups like 23andMe more affordable and widespread in India’s growing consumer market.

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The energy-to-ecommerce conglomerate will roll out within weeks a comprehensive 12,000-rupee ($145) genome sequencing test, according to Ramesh Hariharan, chief executive officer of Strand Life Sciences Pvt., which has developed the product. Reliance Industries Ltd., led by Asia’s richest person, acquired the Bengaluru-based firm in 2021 and now owns about 80% of it.

The genome test, which is about 86% cheaper than other offerings available locally, can reveal a person’s predisposition to cancers, cardiac and neuro-degenerative ailments as well as identifying inherited genetic disorders, he said.

The project to bring affordable personal gene-mapping to India’s 1.4 billion people — on track to be the world’s most populous nation — will potentially create

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