Annual interest rate of 15.5% for drug payment delays starts on 23 December
Medical institutes and medicine suppliers which delay payments for medicines for more than 6 months will need to pay annual interests of 15.5% for the payment delay.
The Ministry of Health and Welfare(Minister Neung-Hoo Park) pre-announced the ‘Regulations of the Interest Rate for Delayed Paymen...
- $300 per month. ($3,240 per year)
- 5 Email holders per each company.
- Anual contract base.