A regional insurance scheme to benefit nationals of the Organization of Eastern Caribbean States (OECS) is under consideration.

The matter was at the top of the agenda of a recent meeting of Ministers of Health of the OECS region in St. Kitts where the Pharmaceutical Procurement Service (PPS) was also discussed.

According to the OECS website, the core function of the service is the pooled procurement of pharmaceuticals and medical supplies for nine Ministries of Health of the OECS countries.

The continuous annual cost-savings accrued after 16 years of the joint purchasing arrangement have reinforced it as an excellent cost-benefit model of economic and functional cooperation among OECS member countries, and ministers have agreed that a similar approach to healthcare financing would benefit citizens of the Eastern Caribbean.

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