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Health ministry to enact new drug-pricing policy

Published: 2006-07-27 07:00:00
Updated: 2006-07-27 07:00:00
The Ministry of Health and Welfare (MOHW) said on June 24 it would legislate a proposed drug pricing and reimbursement policy.

According to the ministry, it will issue a pre-announcement, 60 days before changing Korea's drug insurance policy, under which only medicines with proven efficacy and price-competitiveness will be covered by health insurance.

Legal grounds to reduce the prices o...

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