ID : Hospitals - Impact from gotong royong vaccine

The self-paid vaccine programme, called gotong royong, started on 17 May 21 and is supported by >20k companies with >10m participants. The government has set the cost at no more than Rp117.9k per jab for hospitals’ administration fees. The potential impact on hospitals involved is small at <0.5% of revenue, depending on vaccine availability. Maintain Overweight on the sector.

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