German cabinet approves care insurance reform
Germany approved a bill to stabilize its long term care system and avert an eight billion euro deficit. Health Minister Carsten Linnemann called it a first step.
Germany's cabinet approved a reform bill on Wednesday afternoon to stabilise its long-term care insurance system, averting an €8B deficit. The legislation follows days of coalition wrangling over the planned overhaul. The package addresses surging costs in a rapidly aging demographic.
