Korea’s drug spending is high in OECD nations

Korea’s medication spending on health showed a higher share among 30 Organization for Economic Cooperation and Development (OECD) member countries, the Ministry of Health and Welfare said on July 23.

According to the ministry's report, titled “OECD Health Data 2009,'' Korea’s medication cost on healthcare expenditure was 23.3 percent. Countries with drug spending higher than Korea included S...