2021
DOI: 10.3389/fphar.2021.681492
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Determinants of Growth in Prescription Drug Spending Using 2010–2019 Health Insurance Claims Data

Abstract: Background: Despite policies to manage prescription drug spending and ensure accessibility, prescription drug spending has continued to increase in South Korea. Using nationwide claims data, this study analyzed trends in total pharmaceutical expenditures and pharmaceutical expenditures by drug classification.Methods: We conducted a retrospective population-based study using the Korean National Health Insurance claims database from January 2010 through December 2019. Pharmaceuticals were categorized as new drug… Show more

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Cited by 14 publications
(5 citation statements)
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References 14 publications
(15 reference statements)
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“…Several previous studies reported that the reason for this continued increase of PE in Korea is the adoption of a fee-for-service system, which is vulnerable to supplier-induced demand [ 15 ]. In addition, other causes of increasing PE include an increase in chronic diseases due to an aging population; increase in medicine use; increased use of new and expensive drugs; and expansion of health insurance benefit coverage [ 16 17 18 ]. According to HIRA statistics for reimbursed medicine, PE for elderly patients increased by 5.4% over a 5-year period between 2017 and 2021, and the share in PE compared to the overall population was 45.5% in 2021 [ 19 ].…”
Section: Discussionmentioning
confidence: 99%
“…Several previous studies reported that the reason for this continued increase of PE in Korea is the adoption of a fee-for-service system, which is vulnerable to supplier-induced demand [ 15 ]. In addition, other causes of increasing PE include an increase in chronic diseases due to an aging population; increase in medicine use; increased use of new and expensive drugs; and expansion of health insurance benefit coverage [ 16 17 18 ]. According to HIRA statistics for reimbursed medicine, PE for elderly patients increased by 5.4% over a 5-year period between 2017 and 2021, and the share in PE compared to the overall population was 45.5% in 2021 [ 19 ].…”
Section: Discussionmentioning
confidence: 99%
“…Although the cognitive bene ts of choline alfoscerate are widely acknowledged, the lack of robust clinical trials and de nitive evidence of its e cacy has limited its use. Interestingly, it is commonly used as a dietary supplement in many countries, including the US, but the Korean healthcare system has taken a distinct approach by including it in its insurance coverage system [10].…”
Section: Introductionmentioning
confidence: 99%
“…In the United States, total drug expenditure was $535.3 billion in 2020 ( Tichy et al, 2020 ). In Korea, total drug expenditure in 2019 grew by 53.98% compared with 2010 ( Lee et al, 2021 ). Drug expenditure demonstrated a greater growth rate while providing universal health coverage achieved success in China ( Yip et al, 2019 ).…”
Section: Introductionmentioning
confidence: 99%