French reforms slash sickness insurance deficit
This article was originally published in Clinica
The French national sickness insurance system (CNAM) reduced its deficit from Euro11.6bn ($14bn) in 2004 to Euro8bn in 2005, thanks to the healthcare reforms, the government said yesterday. Without these, it claims, the deficit would have reached Euro16bn in 2005. It is now optimistic that the deficit will continue to shrink to around Euro6bn by the end of 2006.