TY - JOUR
T1 - MarketWatch
T2 - Pharmaceutical reform in South Korea and the lessons it provides
AU - Kim, Hak Ju
AU - Ruger, Jennifer Prah
PY - 2008/7
Y1 - 2008/7
N2 - Through implementation of its 2000 pharmaceutical reform, the South Korean government expected to reduce the cost of medications and improve service levels, medical appropriateness of care, and drug effectiveness. However, despite the reform's lofty goals, unintended consequences have distorted the supply of medical services and spending. These consequences have included increasing the use of uninsured services, prescribing high-price drugs, and a growing market share for multinational drug companies. Further reforms are needed to reduce the measure's adverse effects. This paper examines the Korean mandatory prescription system and offers an analysis of Korea's reforms.
AB - Through implementation of its 2000 pharmaceutical reform, the South Korean government expected to reduce the cost of medications and improve service levels, medical appropriateness of care, and drug effectiveness. However, despite the reform's lofty goals, unintended consequences have distorted the supply of medical services and spending. These consequences have included increasing the use of uninsured services, prescribing high-price drugs, and a growing market share for multinational drug companies. Further reforms are needed to reduce the measure's adverse effects. This paper examines the Korean mandatory prescription system and offers an analysis of Korea's reforms.
UR - http://www.scopus.com/inward/record.url?scp=48149098219&partnerID=8YFLogxK
U2 - 10.1377/hlthaff.27.4.w260
DO - 10.1377/hlthaff.27.4.w260
M3 - Article
C2 - 18508813
AN - SCOPUS:48149098219
SN - 0278-2715
VL - 27
SP - w260-w269
JO - Health Affairs
JF - Health Affairs
IS - 4
ER -