News About: Goverment
Elderly account for 30% of nation's spending on health
Senior citizens accounted for 31.4 percent of healthcare costs covered by the National Health Insurance Corporation last year.
Due to the nation's rapidly aging population, the report said, the total provision for...
Notice for bioequivalence testing of combination products to be made public in November
The Notice designed to redefine the bioequivalence testing of combined preparations is likely to be delayed due to screening of the Office of Prime Minister and final confirmation of the commissioner of the Korea Food...
Aclasta patients get more insurance coverage
Novartis Korea said on March 11 that health insurance coverage for Aclasta (zoledronate 5 mg) has been expanded in patients (aged over 65 years) with previous hip and vertebral fracture.
Zoledronate has been approv...
Lighter punishment sought for smooth drug supply
The Korea Food and Drug Administration says it has a plan to alleviate a harsher administrative dispositions to some drug makes who failed to comply with the current small drug package system in 2008.
The plan is d...
Government to strengthen drug quality regulations
A total of 71 medicines, ingredients and excipients will be redefined in the Korea Pharmacopoeia (KP), with an aim to strengthen the quality standards for better health of general public, according to the national wat...
Concerns growing over financial stability of health insurance
There are growing concerns over the financial stability of health insurance as healthcare spending is expected to surge in the near future since the country's elderly population will rise significantly.
In a forum ...
Drug-emergent adverse events top 46,168 for 8 years
A total of 46,168 adverse events caused by a variety of medicines to the Korea Food and Drug Administration have been reported for the recent eight years (2002 to 2009), a whopping 312-fold increase, according to Kim ...
Gov’t seeks to revise laws to punish rebate takers, givers
The government will step up its fight against chronic illegal rebate practices whereby doctors and pharmacists receive money from drug makers in return for prescribing or recommending their products.
Korea's healt...
Bioequivalence testing guideline for combination drugs to be made public
The Korea Food and Drug Administration is considering formulating a detailed rule concerning bioequivalence testing of combined preparations after consultation with the industry, as the bioequivalence testing for comb...
Global budget payment scheme eyed to reduce healthcare costs
To ensure the sustainable operation of the National Health Insurance, the global budget payment scheme is under review and a series of reasonable payment standards are being formulated, according to pharmaceutical bus...
