BRIEF – Health insurance to go on sale

Citizens and foreign residents of Burma will be able to buy health insurance as of 1 July as part of a one-year trial period. Twelve companies will sell policies starting at 50,000 kyat, with those aged six to 65 eligible for cover, according to state media. As well as being able to purchase the product in-branch direct from insurers, licensed brokers will be permitted to make sales at a rate of ten percent commission.