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Global insurance program for Ebola-like outbreaks proposed

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Jim Yong Kim, president of the World Bank Group, has urged the formation of a global insurance system to help deal with health crises like the Ebola outbreak in West Africa.

Mr. Kim urged global aid organizations, developed and emerging nations to participate in the proposed insurance system.

"There is no doubt we will be faced with other pandemics in the years to come," said Mr. Kim.

The Ebola outbreak has claimed over 8,700 lives in West Africa.

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