Japan Ruling Parties Agree to Curb Medical Costs by 188 B. Yen
Japan’s ruling parties agreed Friday to seek to reduce the country’s medical costs by 188 billion yen per year, by revising the eligibility of certain drugs for insurance coverage. The agreement was struck between the policy chiefs of the Liberal Democratic Party and the Japan Innovation Party (Nippon Ishin no Kai). The government plans to hammer out the details of the revised medical insurance system for pharmaceuticals based on the two parties’ agreement for implementation in the fiscal year beginning next April.





