{"id":637462,"date":"2017-11-16T03:59:27","date_gmt":"2017-11-16T03:59:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/"},"modified":"2017-11-16T03:59:27","modified_gmt":"2017-11-16T03:59:27","slug":"universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/","title":{"rendered":"Universal Healthcare Act will impose fees on healthcare, pharma sectors"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>LEGISLATION WATCH- Universal Healthcare Act will impose fees on healthcare, pharma <\/strong><strong>sectors: <\/strong>It appears that tobacco isn\u2019t the only sector which is paying into the Universal Healthcare Act. The EGP 600 bn healthcare plan mandates a series of fees on the healthcare sector that range from EGP 10,000 to EGP 500,000 for various licenses and administrative filings. Companies looking to open hospitals, clinics and pharmacies must pay a fee which will go into funding the system. Establishing a pharma factory will also require companies to pay into the system, <a href=\"http:\/\/www.almalnews.com\/Story\/353279\/19\/%D8%B5%D8%AD%D8%A9-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-40-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D8%AD%D8%B5%D9%8A%D9%84%D8%A9-%D9%85%D8%AA%D9%88%D9%82%D8%B9%D8%A9-%D9%84%D8%B1%D8%B3%D9%88%D9%85-%D8%A7%D9%84%D8%AA%D8%A3%D9%85%D9%8A%D9%86-%D8%A7%D9%84%D8%B5%D8%AD%D9%89-%D8%A7%D9%84%D8%B4%D8%A7%D9%85%D9%84\">according to Al Mal<\/a>. The House of Representatives\u2019 Healthcare Committee, which is currently deliberating on the law, is seeking revenues of up to EGP 40 bn from these fees to fund the healthcare system, according to the committee\u2019s deputy chair Ayman Aboul Ela.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- Universal Healthcare Act will impose fees on healthcare, pharma sectors: It appears that tobacco isn\u2019t the only sector which is paying into the Universal Healthcare Act. The EGP 600 bn healthcare plan mandates a series of fees on the healthcare sector that range from EGP 10,000 to EGP 500,000 for various licenses and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637462","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b16c7d71-62e1-41c1-acd9-d1c7e89a0285","order":"0","is_powered_by":true,"section_story_id":"361384b8-edb2-4a25-8f4a-97f8ff3e7022","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637449],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Universal Healthcare Act will impose fees on healthcare, pharma sectors - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Universal Healthcare Act will impose fees on healthcare, pharma sectors\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Universal Healthcare Act will impose fees on healthcare, pharma sectors: It appears that tobacco isn\u2019t the only sector which is paying into the Universal Healthcare Act. The EGP 600 bn healthcare plan mandates a series of fees on the healthcare sector that range from EGP 10,000 to EGP 500,000 for various licenses and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-16T03:59:27+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Universal Healthcare Act will impose fees on healthcare, pharma sectors\",\"datePublished\":\"2017-11-16T03:59:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/\"},\"wordCount\":140,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/universal-healthcare-act-will-impose-fees-on-healthcare-pharma-sectors\/\",\"name\":\"Universal Healthcare Act will impose fees on healthcare, pharma sectors - 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The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621550,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/we-break-down-the-taxes-under-the-universal-healthcare-act-and-their-timings\/","url_meta":{"origin":637462,"position":1},"title":"We break down the taxes under the Universal Healthcare Act and their timings","author":"enterpriseam admin","date":"12 November 2018","format":false,"excerpt":"EXCLUSIVE- What you\u2019re going to pay under the new Universal Healthcare Act\u2014 and when you\u2019re going to pay it: While the state\u2019s EGP 600 bn health insurance plan mandated under the Universal Healthcare Act will be rolled out incrementally throughout Egypt over the course of 11-13 years, the Finance Ministry\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635523,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/06\/house-health-committee-signs-off-on-universal-healthcare-act-system-expected-to-run-a-egp-10-bn-annual-deficit\/","url_meta":{"origin":637462,"position":2},"title":"House Health Committee signs off on Universal Healthcare Act, system expected to run a EGP 10 bn annual deficit","author":"enterpriseam admin","date":"6 December 2017","format":false,"excerpt":"LEGISLATION WATCH- House Health Committee approves Universal Healthcare Act: The House of Representatives\u2019 Health Committee signed off on the Universal Healthcare Act yesterday and referred it to the general assembly to pencil it in for a vote, Al Shorouk reports. The decision came after a hearing on the bill\u2019s budget\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622963,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/17\/freezone-companies-are-trying-to-wiggle-out-of-paying-into-universal-healthcare-scheme\/","url_meta":{"origin":637462,"position":3},"title":"Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme","author":"enterpriseam admin","date":"17 October 2018","format":false,"excerpt":"** #5 \u2013 Freezone companies are trying to wiggle out of paying into Universal Healthcare scheme: A number of freezone companies are objecting to paying the 0.25% tax on sales revenue to fund the new universal healthcare scheme, as stipulated under the Universal Healthcare Act, unnamed company representatives said. By\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635569,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/07\/house-health-committee-lowers-proposed-tithes-on-construction-materials-healthcare-businesses\/","url_meta":{"origin":637462,"position":4},"title":"House Health Committee lowers proposed tithes on construction materials, healthcare businesses","author":"enterpriseam admin","date":"7 December 2017","format":false,"excerpt":"The House of Representatives\u2019 Health Committee lowers proposed licensing fees imposedon the healthcare sector and a possible new tax on the sale of construction materials before signing off on the Universal Healthcare Act on Tuesday, Al Borsa reports. The committee reduced taxes that would be imposed on construction materials to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601151,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/companies-operating-in-usd-to-be-granted-option-to-pay-0-25-healthcare-tax-in-usd\/","url_meta":{"origin":637462,"position":5},"title":"Companies operating in USD to be granted option to pay 0.25% healthcare tax in USD","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"EXCLUSIVE- Companies operating in USD can pay 0.25% healthcare tax in USD or EGP: Foreign companies operating in Egypt, and those domiciled in Egypt but presenting their financial statements in USD, will be allowed to pay the 0.25% healthcare tithe this year in EGP or USD, a senior government source\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=637462"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637462\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637449"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637462"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637462"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}