Japanese National Medical Cost Increases To ¥3.4 Trillion In 2007, Further Increase Expected
This article was originally published in PharmAsia News
Executive Summary
Japanese national medical cost increased by a record 3 percent to ¥3.4 trillion in 2007, Japan's Ministry of Health, Labor and Welfare reported Sept. 3. The ministry estimated a ¥500 billion increase due to a progressively aging population. The number is expected to grow further in 2009. For the incoming Democratic Party administration, which has yet announced a fiscal policy for the health care system, how they plan to secure the necessary funding to cover the increased cost is still unknown. (Click here for more - Japanese language