Price increase negotiations to address drug shortages in South Korea’s national health insurance
Seung Rae Yu,
Jong Hyuk Lee
Abstract:South Korea has adopted a unique approach to address drug shortages by increasing reimbursement prices within its National Health Insurance Service. This study aims to analyze the characteristics, increase rates, affecting factors, and budget impacts of products that have increased price through the negotiation system. Between 2007 and 2022, there were price increase negotiations over 244 items. Of these, price increase negotiations were successful for 217 items, resulting in an agreement rate of 89%. The aver… Show more
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