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      Archive: 10/1/2013
      15:08
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      News Brief

        10/1/2013, Tishrei 27, 5774

      HMO’s: 2012 Ends in Deficit; Situation to Worsen


      Israel’s government-subsidized HMO’s have announced that 2012 will end with a deficit of NIS 861 million, compared to the NIS 1,259 million deficit of 2011.  Projections indicate a deepening of the deficit in the upcoming year.

      In a report issued today (Tuesday) by the Ministry of Health, the decline in the deficit is explained by the financial support received for 2011-2012 in 2012, and following the delay of signing the stabilizing financial support agreements for 2011-2013, which were only signed off on in December of 2012.