Korea spends less medical spending in OECD

Koreans were found to have spent less on medical services among advanced countries, but their health and life expectancy were on par with their counterparts.

The country's medical expenditure was equivalent to 6.5 percent of its gross domestic product (GDP) in 2008, a 60 percent level compared with the 30 members of the Organization for Economic Cooperation and Development (OECD), according...