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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, drug expenses totaled 12.7 trillion won in 2012, accounting for 26.4 percent of its total expenditure.
In Korea, drug expenses account for an exceptionally large share of heal...
According to the ministry, drug expenses totaled 12.7 trillion won in 2012, accounting for 26.4 percent of its total expenditure.
In Korea, drug expenses account for an exceptionally large share of heal...
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