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New drug expenditure is 13.5% of NHI finance's drug spending

By Whang, byung-woo | translator Hong, Ji Yeon

24.10.23 05:01:37

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KRPIA has presented research outcome of 'Analysis of pharmaceutical spending on new drugs by disease'

New drug expenditure in the highest costing disease category is relatively lower than the international average

Emphasizes the need to improve the pharmaceutical cost expenditure system and reimbursement for severe disease treatments

It was found that the total expenditure on new drugs listed in the past six years since the Positive List System policy was implemented amounted to 13.5% of the National Health Insurance pharmaceutical spending, which is the lowest compared to the averages of A8 countries and OECD countries.


The Korean Research-based Pharmaceutical Industry Association (KRPIA) announced the research outcome of 'Analysis of pharmaceutical spending on new drugs by disease,' conducted by Seung-Rae Yu, a Professor at Dongduk Women's University's College of Pharmacy, on October 22nd.

The research evaluated new drugs listed from 2007 to 2022 when the Positive List System policy was implemented to allocate fina

Whang, byung-woo(tuai@dailypharm.com)
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