Hong Kong will overhaul public hospital fees from January 1 to ensure the sustainable development of its healthcare system amid challenges from an ageing population.
Authorities estimate the increased fees could generate an additional HK$3 billion (US$385 million) a year, with the extra revenue earmarked to support patients facing financial hardship or critical illnesses.
The government also plans to gradually reduce the public healthcare subsidy rate from 97.6 per cent to 90 per cent by…