How the Private Sector is Helping Expand Indonesia's Universal Health Coverage
Channel: Asian Development Bank
Date: 2022-09-16

Partnership with the private sector is key to expanding Indonesia's health coverage and delivering health care services efficiently under Jaminan Kesehatan Nasional (JKN), its universal health insurance program. More accessible and affordable medical services across Indonesia will particularly help reduce maternal mortality and end preventable deaths of newborns and children under 5 years of age.

ADB invested $10 million in Hermina Hospitals' initial public offering and administered another $10 million from Leading Asia’s Private Infrastructure Fund. This anchor investment also played a significant role in attracting third-party investors and establishing confidence in Hermina’s access to capital markets. A successful IPO for Hermina demonstrated the viability of a business model that focuses on JKN adoption. It is expected that this partnership will encourage other private hospital service providers in Indonesia to partner with JKN and contribute to the overall improvement of health care services in the country.

Read "In Indonesia, the Private Sector is Improving Health Care for Mothers and Their Children" to learn more about ADB and Hermina partnership and its development impacts. - https://www.adb.org/results/indonesia-private-sector-improving-health-care-mothers-and-their-children-0

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