Hospitals charge for flu tests


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ABU DHABI // Hospitals in the capital are charging patients up to Dh1,000 for often unnecessary swine flu tests, a practice banned in Dubai. Patients have been demanding the tests after hearing of the side-effects of Tamiflu, in order to avoid taking the antiviral drug unless they are definitely infected.

However, in most cases even this is unnecessary. The World Health Organisation (WHO) recommends that otherwise healthy patients who have flu-like symptoms but no other complications need not be treated with antivirals or tested for the virus. It says most patients infected with the virus will recover fully within a week without taking antivirals. It also advises doctors in areas where the virus is widespread to assume that patients with flu-like illnesses have H1N1, rather than waiting for laboratory confirmation before beginning treatment.

The elderly, very young, pregnant women and people with chronic diseases should also be treated immediately without waiting for test results, the WHO says. Some private hospitals are offering tests for anyone willing to pay between Dh250 (US$68) and Dh1,000, and are charging up to Dh180 for Tamiflu. The Gulf Diagnostic Centre charges Dh1,000, plus a Dh300 consultation fee, while the New Medical Centre charges Dh250 for the laboratory test. Al Noor Hospital said it would not do the swine flu test and advised people to go to a government hospital.

The Dubai Health Authority (DHA), meanwhile, has told hospitals not to charge for the test. Dr Ali al Marzouqi, the head of public health affairs at the authority, said it had instructed private hospitals in the emirate to provide the H1N1 swab tests free of charge, but only when necessary under international guidelines. He added that if the DHA learnt of any violation it would "take the necessary action". This could include financial penalties.

In line with WHO guidance, not everyone would be tested for swine flu. "It will be decided on a case-by-case basis. We will test those with severe illness or high-risk. For others, if anyone is suspected of having the disease we either give them the medication or do not give them anything at all," Dr al Marzouki said. In the latter case, the patient would normally be told to rest at home and avoid social contact.

The Welcare Hospital in Dubai also said the decision to test was made on a case-by-case basis, and there would not be a charge for it. However, patients must pay a consultation fee of Dh450. Tamiflu would cost Dh180, a cashier said. Some patients have expressed concern about the side-effects of Tamiflu, which include nausea and vomiting, and therefore want to be tested for the H1N1 virus before taking it. One mother said she did not want to give it to her 10-year-old daughter, who had influenza-like symptoms, unless she was confirmed as a positive swine flu case. One of the two pregnant women who have died in the UAE of swine flu complications had refused to take Tamiflu out of fear for her unborn baby.

Yesterday Dr Ashraf Mahmoud Elhoufi, head of intensive care at Dubai Hospital, said it was very important for people in the high-risk groups - very young, elderly, pregnant women and those with chronic diseases - to take Tamiflu if they had flu-like symptoms. Otherwise healthy people did not always need to be tested or given antivirals. "If you are high-risk or very ill, take Tamiflu," he said. "People should not be afraid to take it."

The Health Authority-Abu Dhabi and Ministry of Health did not respond to queries about testing and regulations yesterday. Several attempts to call the HAAD's 800800 customer service number were unsuccessful. In Sharjah, Al Zahra Private Hospital said it did not perform the test but would prescribe Tamiflu for Dh180. The Central Private Hospital said it would charge Dh110 for the laboratory test which would be carried out after an evaluation of the patient's symptoms.

A source at the National Committee to Combat Swine Flu said the body had met late on Sunday to try to develop a unified approach to testing across all the emirates. It is understood that the central laboratory in Dubai, which takes samples from both public and private hospitals, does not charge the facilities for testing for the H1N1 virus as it is a public health issue. According to the same source, the bill for a two-week period, to be paid by the DHA, was more than Dh2 million.

munderwood@thenational.ae

UAE currency: the story behind the money in your pockets

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

UAE currency: the story behind the money in your pockets
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

UAE currency: the story behind the money in your pockets