South Korea’s Health Care System

General Information on South Korea The South Korean economy is the fourth largest in Asia and 13th largest in the world. ( http://en.wikipedia.org/wiki/South_Korea ) Country Name : Republic of Korea Capital City : Seoul (10.1 million) Currency : won Language : Korean (Written form: Hangeul) Major cities : Seoul (10.1 million), Busan (3.5 million), Incheon (2.6 million), Daegu (2.5 million), Dajeon (1.5 million), Gwangju (1.4 million), Ulsan (1.1 million) LISCENSED FOR INTERNAL USE ONLY 2007(a) Population (m) 49.0 GDP (US$ bn; market exchange rate) 969.8(b) GDP (US$ bn; purchasing power parity) 1,203 GDP per head (US$; market exchange rate) 19,790 GDP per head (US$; purchasing power parity) 24,550 Exchange rate (av) W:US$ 929.3(b) (a) Economist Intelligence Unit estimates. (b) Actual. http://www.economist.com/countries/SouthKorea/profile.cfm?folder=Profile-FactSheet

The South Korean economy is the fourth largest in Asia and 13th largest in the world. ( http://en.wikipedia.org/wiki/South_Korea )

Country Name : Republic of Korea

Capital City : Seoul (10.1 million)

Currency : won

Language : Korean (Written form: Hangeul)

Major cities : Seoul (10.1 million), Busan (3.5 million), Incheon (2.6 million), Daegu (2.5 million), Dajeon (1.5 million), Gwangju (1.4 million), Ulsan (1.1 million)

History of Achieving Universal Health Care in South Korea 1963 Group health insurance plans permitted for large companies. 1969 Individual health insurance plans permitted. 1976 Insurance compulsory for firms with more than 500 employees. 1977 Federation of Korean Medical Insurance Societies established. 1977 Government program for low income individuals established (Medical Aid). 1979 Insurance compulsory for government workers and school teachers. 1979 Insurance compulsory for firms with more than 300 employees. 1981 Insurance compulsory for firms with more than 100 employees. 1981 Societies for self-employed established. 1981 Demonstration in rural areas started. 1982 Insurance compulsory for firms with more than 16 employees. 1988 Insurance compulsory for everyone. Source: Oklahoma Medical Research Foundation, Center for Health Policy Research. http://www.coph.ouhsc.edu/coph/HealthPolicyCenter/Pubs/1992/chpr9202k.pdf LISCENSED FOR INTERNAL USE ONLY

1963 Group health insurance plans permitted for large companies.

1969 Individual health insurance plans permitted.

1976 Insurance compulsory for firms with more than 500 employees.

1977 Federation of Korean Medical Insurance Societies established.

1977 Government program for low income individuals established

(Medical Aid).

1979 Insurance compulsory for government workers and school

teachers.

1979 Insurance compulsory for firms with more than 300 employees.

1981 Insurance compulsory for firms with more than 100 employees.

1981 Societies for self-employed established.

1981 Demonstration in rural areas started.

1982 Insurance compulsory for firms with more than 16 employees.

1988 Insurance compulsory for everyone.

Source: Oklahoma Medical Research Foundation, Center for Health Policy Research.

http://www.coph.ouhsc.edu/coph/HealthPolicyCenter/Pubs/1992/chpr9202k.pdf

Today Individuals are required to have health insurance The basic health plan covers hospital, physician, maternity, and prescription drugs 6 major populations: employed, government/teacher/retired workers, self-employed, other urban residents, other rural residents, and the poor (though coverage is basically the same across groups) Physician/hospital fees set by govt. and medical fees are limited to economic growth (becoming a source of controversy) Source: Oklahoma Medical Research Foundation, Center for Health Policy Research. http://www.coph.ouhsc.edu/coph/HealthPolicyCenter/Pubs/1992/chpr9202k.pdf LISCENSED FOR INTERNAL USE ONLY Indicator Republic of Korea Year Number of physicians 75045 2003 Hospital beds (per 10 000 population) 86 2006 Number of dentistry personnel 16033 2003 Number of nursing and midwifery personnel 92061 2003 Number of pharmaceutical personnel 50623 2000 http://www.who.int/whosis/en/

Individuals are required to have health insurance

The basic health plan covers hospital, physician, maternity, and prescription drugs

6 major populations: employed, government/teacher/retired workers, self-employed, other urban residents, other rural residents, and the poor (though coverage is basically the same across groups)

Physician/hospital fees set by govt. and medical fees are limited to economic growth (becoming a source of controversy)

Source: Oklahoma Medical Research Foundation, Center for Health Policy Research.

http://www.coph.ouhsc.edu/coph/HealthPolicyCenter/Pubs/1992/chpr9202k.pdf

Summary of Health Care System LISCENSED FOR INTERNAL USE ONLY Participation Compulsory Insurance Coverage Universal Insurance Benefits Standardized Primary Payer Government Physician Fees Standardized

Recently in the News “ South Korea's US$14.75bn pharmaceutical market is one of the most promising in the world. High growth coupled with preference for branded goods makes it very attractive to multinational drug makers and consumer healthcare companies.” ( http://www.pharmacychoice.com/News/article.cfm?Article_ID=242256 ) (Drug Week via NewsRx.com ) LISCENSED FOR INTERNAL USE ONLY

“ South Korea's US$14.75bn pharmaceutical market is one of the most promising in the world. High growth coupled with preference for branded goods makes it very attractive to multinational drug makers and consumer healthcare companies.”

( http://www.pharmacychoice.com/News/article.cfm?Article_ID=242256 )

(Drug Week via NewsRx.com )

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