The country's spending on health insurance is expected to reach 80.4 trillion won (US$68 billion) by 2020, up 46.8 trillion won from 2010, said a report by the Korea Institute for Health and Social Affairs.
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2010/08/23 10:41 KST
S. Korea's health insurance costs to surge in 2020: report
SEOUL, Aug. 23 (Yonhap) -- South Koreans are likely to pay more for health insurance in 2020 as the country's health insurance expenditures are expected to double due to rising usage of medical services and rapid population aging, a report showed Monday.
The country's spending on health insurance is expected to reach 80.4 trillion won (US$68 billion) by 2020, up 46.8 trillion won from 2010, said a report by the Korea Institute for Health and Social Affairs.
The country's spending on health insurance is expected to reach 80.4 trillion won (US$68 billion) by 2020, up 46.8 trillion won from 2010, said a report by the Korea Institute for Health and Social Affairs.
