Clipping of news on Brazilian Culture, Law and Citizenship
05/04/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
BRASILIA - After relieve the basket and to extend the reduced tax rates Tax on Industrialized Products (IPI) for cars, the government now has as immediate target in the battle against inflation health plans. These services need to be adjusted from the next month and the economic team is concerned about its impact on inflation. Therefore, the technicians are negotiating with the companies a more modest increase in 2013, in exchange for exonerations. Among the options is the exemption of hospital equipment.
Last year, the adjustment of the plans approved by the National Health Agency (ANS) was 7.93%, well above inflation of 6.50% recorded in 2011. The percentage will focus on new contracts for 8.4 million Brazilians, representing 17.6% of total beneficiaries in the country.
For group plans, serving more than 80% of users, trading occurs on a case-by operators and contractors, which is also considered in the methodology of the NSA to conduct the adjustment of other covenants. The details of the measures to minimize the impact of rising health plans are still under discussion. The IPCA inflation increased by 6.31% in the 12 months completed in February.
Against Tomato expensive import
The agency said it is doing the "usual way" for the new content to be released until next month, so that is applied in contracts for health plans to individuals and families hired in January 1999.
Another item of concern is the economic area the tomato, you may have to import tax rate, currently at 10%, reduced by the Foreign Trade Chamber (CAMEX). Among the possible supply markets are China and Chile. The product has risen almost 90% over the past 12 months - more than 14 times the overall rate of inflation measured over the period.
According to a government source, the reduction of import tariffs to fight inflation should occur in individual cases, in view of the poor performance of the Brazilian trade balance. In the first quarter of this year, there was a deficit of $ 5.5 billion, the first negative balance in the period since 2001.
The war against inflation has actions on many fronts. In addition to tax cuts, the economic team has already negotiated with state governments to postpone increases in public transportation. The coaches expect the result of release of the products of the basket will soon arrive on the shelves of supermarkets and agricultural supersafra account with 300 million tons to lower the pressure on prices. Now, the idea is to operate in controlled prices, as happened with the energy sector.
The high interest is also a path that can be adopted, as it signaled the central bank president, Alexandre Tombini this week, during a public hearing on the Economic Affairs Committee of the Senate. However, according to interlocutors of President Dilma Rousseff, this would be the most bitter medicine, especially considering that the economy still has low growth on the eve of the election year.
Main impact will be among elderly
A member of the government said that despite the concern, the expectation is that the picture improves. Although President Dilma Rousseff has shown recently that does not feel good to hurt growth to control inflation itself wants to avoid the return of indexation of the economy.
- The situation will not improve and we who are saying this. See Focus - said the source, referring to the weekly survey of BC with financial estimates that brings about the main economic indicators.
For the last survey, released on Monday, the forecast growth of the Brazilian economy in 2013 rose 3% to 3.01%. For 2014, the estimate of 3.5% expansion follows. Four weeks ago, the projections were 3.09% and 3.65%, respectively. The projection of inflation measured by the National Consumer Price Index (IPCA, used in the government's targets) for 2013 was maintained at 5.71%. Four weeks ago, the estimate was 5.7%. For 2014, the estimate rose for the third consecutive week, rising from 5.6% to 5.68%.
An eventual exoneration of health plans will impact mainly for the elderly. According to André Braz, an economist at the Brazilian Institute of Economics, Getulio Vargas Foundation (FGV / IBRE), health plans have weight of 7.81% in the income of the elderly, according to the Consumer Price Index of the Third Age (IPC-3i ) FGV. The number is more than double the weight of the planes in the Consumer Price Index (IPC) of 3.58%.
- Older people have higher demand for medical services. Therefore, services are more expensive. The older, more expensive plans are - explains Braz. (Collaborated Bruno Rosa)
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Source: The Globe - Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.