Hong Kong Hospital Authority Adds 11 New Drugs, 8 Subsidized

The Fire Protection Association has more than 20 projects currently in the planning or construction phase. The housing authority plans to gradually increase the proportion of for-sale units and will consider offering larger units in projects that are currently in early design stages or have not yet begun detailed design. Hong Kong authorities are considering increasing the proportion of for-sale units, especially larger ones, due to strong demand, particularly in Hong Kong Island. The Housing Authority is considering converting more rental units to for-sale units, particularly in eastern Hong Kong Island where demand for ownership is high and supply is limited. The construction cost for for-sale units is higher than for rental units, but ongoing rental projects, such as the Wong Tai Sin United Village site, will continue. The Hong Kong government aims to reasonably increase the proportion of units for sale and ensure that rebuilt old rental estates will not have fewer units than before, with space to increase housing units. The Hospital Authority has incorporated 11 new drugs into its drug formulary, with 8 of these drugs receiving high government subsidies. Under medical fee reform, the Hospital Authority will include 11 new drugs in the drug list, with 8 of them receiving high government subsidies. The Hospital Authority's Chief Pharmacist, Yau Chun-ming, stated that the inclusion of these drugs is expected to have minimal impact on other patients awaiting services. Hospital Authority Chief Pharmacist Qiu Jinming stated that the addition of these drugs would not significantly impact other waiting individuals and expressed confidence in public understanding.