News About: Goverment
Government sets possible R&D spending criteria
The Ministry of Health and Welfare has unveiled an ambitious vision to foster global pharmaceutical firms by providing a total of 146 billion won in subsidies to “innovative pharmaceutical firms” that post more than 1...
Passage of OTC drug sales bill is in doubt
A plan to allow the sale of over-the-counter drugs outside pharmacies is in doubt as there is no movement toward a relevant bill at the National Assembly.
In order for the bill to become law it must be approved by ...
Health insurance spent 10.27 trillion won on drugs by classification of 50 therapeutic categories in
The national health insurance covered 10.27 trillion won in 2010, when insured medicines were classified by 50 therapeutic categories.
According to the Health, Insurance Review and Assessment Service (HIRA), an aff...
Hospitals overcharged 3.59 billion won
Patients received about 3.59 billion won in medical fee refunds last year because some hospitals overcharged for health insurance coverage, health authorities said recently.
The Health Insurance Review and Assessme...
Assembly to screen OTC drug sales bill on Mar. 2
Pharmacists are attentively watching the plenary session of parliament to be held on March 2 as lawmakers belonging to the National Assembly's health and welfare committee on Feb. 13 passed a bill to permit the sale o...
Government to back innovative pharmaceutical firms
The government is under careful screening process to innovative pharmaceutical firms to offer a total of 146 billion won in subsidies, the Ministry of Health and Welfare said Tuesday.
In a local workshop organized ...
Retail drug prices to fall 14% on average in April
Insurance-covered drug prices are expected to fall about 14 percent on average beginning April following a set of government-led reforms, the government said Monday.
The Ministry of Health and Welfare Monday announ...
National Assembly unable to agree on bill to permit supermarket drug sales
The plenary session of parliament Monday adjourned with no agreement on how to deal with a bill to permit the sale of certain drugs at local supermarkets and convenient stores that could make it easier for people to b...
OECD warns Korea’s hefty health care spending
Korea’s healthcare system depends too much on hospitals to treat the illness and not enough on community-based medical practices to keep people healthy, according to a report of Organization for Economic Cooperation a...
Drug side-effect monitoring center to be set up
The Korea Drug Safety Management Agency, which will be newly established in April, will effectively deal with the possible drug related accidents and contribute to reducing people’s health and medical bills.
In a l...
