SOFIA (Bulgaria), August 8 (SeeNews) – Tokushukai-Sofia, a subsidiary of Japan's Tokushukai Medical Corporation, on Wednesday received the green light to operate on the Bulgarian health insurance market.
The Financial Supervision Commission (FSC) said it licensed Tokuda Zdravnoosiguritelen Fond, in which Tokushukai-Sofia has a 80% stake.
In Bulgaria Tokushukai Medical Corporation also runs the Tokuda Hospital Sofia medical centre and Tokuda Bank.
Bulgaria is considering reforms in its inefficient health sector, including the sale of hospitals and ending the monopoly of the state-run health insurance fund.
The new European Union member with 7.7 million people has 13 licensed health insurance companies, which collect only voluntary health insurance contributions.