Illustrative image (Source: VNA)

HCM City (VNA) – Ho Chi Minh City’s health insurance fund recorded a surplus of 680 billion VND (over 30 million USD) in its balance last year.

Cao Van Sang, Director of the municipal Social Insurance Agency, said more than 6.4 million local people bought health insurance in 2016, accounting for 78 percent of the city’s population. The figure is one percent higher than the city’s target but lower than the country’s average level.

The agency will transfer 20 percent of the sum to the HCM City People’s Committee to buy health insurance for the poor and provide equipment for health establishments at district and commune-levels across the city.

Nguyen Thi Thu, Vice Chairwoman of the municipal People’s Committee, said the rise in the number of people buying social and health insurances last year was attributed to the concerted efforts of the city’s insurance sector and local administrations.

However, she noted, the local administrations, especially the Vietnam Fatherland Front’s chapters at all levels, should make greater endeavours to fulfill the target of increasing health insurance coverage to 80.7 percent of the city’s population in 2017 and 90 percent in 2020.-VNA