Hungary Drug Subsidy Budget Needs Top-Up, Nepszabadsag Reports

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.