'Crazy' Customs duties harming medical costs

Sun, Sep 19th 2010, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

Doctors Hospital Health Systems' chief executive told Tribune Business that he hoped the increasing interest in the Bahamas as a medical tourism destination could reduce the cost of healthcare supplies, describing as "crazy" the amount of Customs duties levied on imported equipment.

Charles Sealy said the cost of medical supplies and equipment elevated the cost of installing and setting-up the hospital's MRI unit from an initial budget of $1.1 million to $2.7 million when everything was completed.

"There's ways to reduce costs, and reduce the cost to the Bahamian public," Mr Sealy said, adding that given the ever-intensif ...

Click here to read more at The Tribune

 Sponsored Ads