News About: Goverment


Government to overhaul health insurance system

The National Health Insurance Corporation (NHIC) has come up with a plan to revamp the health insurance system. The NHIC chief Kim Chong-dae renewed his strong will, via his social network service (SNS) on Monday, ...

Drug output drops 1.4% in 2012

Korea’s total output of finished drugs declined 1.4 percent on-year in 2012, government report showed Tuesday. According to a report released by the Health Insurance Review and Assessment Service (HIRA), the countr...

Choi Won-young tapped as new secretary for employment and welfare affairs

President Park Geun-hye on Monday replaced her chief of staff and four senior secretaries at the Blue House, appointing Choi Won-young, former vice minister of health and welfar...

Rapid approval of biological drugs eyed

The Ministry of Food and Drug Safety (MFDS) announced on July 31 that it has revised the rule concerning the simplified screening of biological products, such as vaccines, requiring a state-run approval, as part of it...

Pharmacists in fierce turf war over Oriental medicine insurance

Another turf war between Oriental and Western pharmacists over who sells Oriental drugs is being reignited, ahead of the insurance of Oriental medicines. Practitioners of traditional Oriental medicine have expresse...

Government to toughen punishment for unlicensed oral treatment device for snoring and sleep apnea

The government on Monday announced a set of measures to toughen the punishments for unlicensed oral devices to prevent or alleviate snoring and sleep apnea, which have been recently used in dental hospitals. The Mi...

Government to overhaul price evaluation system

The National Health Insurance Corporation (NHIC) plans to make public the establishment of a separate committee aiming to enhance the transparency of insurance price evaluation with drug companies. So far, the NHIC...

Drug price reform decreases Koreans’ spending on medication by 440 billion won in 2012

The Ministry of Health and Welfare said Wednesday that the government-mandated price cut measures contributed to slashing the country’s spending on medication by 437 billion won last year. According to the ministry...

MFDS delays implementation of GS1-Datamatrix system

The Ministry of Food and Drug Safety (MFDS) has decided to delay the planned second barcode (GS1-Datamatrix) system describing manufactured number and shelf life of a prescription drug, until June next year. In its...

Government to refund 585 billion won in medical fees

A total of 285,867 patients will receive 585 billion won in medical fee refunds from today in a bid to relieve the financial burden of patients in low-income brackets, the National Health Insurance Corporation (NHIC) ...

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