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A medical savings account (MSA) is an account into which tax-deferred amounts from income can be deposited. The amounts are often called contributions and may be made by a worker, an employer, or both, depending on a country's laws. The money in such accounts is to be used to pay for medical expenses.
Hong Kong has about 1.9 doctors per 1000 people, which is the same ratio as in Taiwan. [10] Of the over 14,600 doctors in Hong Kong, about 60% work in private practice and the remaining 40% work in the public service. [11] The majority of doctors in Hong Kong, graduated from one of the 2 local medical schools.
Hong Kong has early health education, professional health services, and well-developed health care and medication system. The life expectancy is 84 for females and 78 for males, [ 17 ] which is the second highest in the world, and 2.94 infant mortality rate, the fourth lowest in the world.
United Christian Hospital is a Christian-founded district general hospital in Kwun Tong of New Kowloon in Hong Kong, operated by the Hospital Authority. The hospital has 1,600 beds and 3,000 staff, serving eastern Kowloon. United Christian Hospital was founded in 1973 by the Alice Ho Miu Ling Nethersole Hospital and Hong Kong Christian Council. [2]
This changed with reforms to Hong Kong's healthcare system in the late 1980s. In October 1987, Governor David Wilson officially announced the government's intention to establish a new, semi-independent Hospital Authority , which would be administered by a new Hospital Services Department (HSD). [ 1 ]
The China Health Care Corporation or CHC Healthcare for short was co-founded in 2005 by American business executive Charles A. Elcan and his father-in-law, Thomas F. Frist Jr. [1] [2] whose father was the founder of Hospital Corporation of America. Charles Elcan served as its president. [3]
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[2] [obsolete source] Because of its early health education, professional health services, and well-developed health care and medication system, Hongkongers enjoy a life expectancy of 88 for females and 83 for men, [3] which is the highest in the world, and an infant mortality rate of 1.169 deaths per 1,000 births, the lowest in the world.