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Japan's medical spending to top JPY40 tn

 03-Sep-15, Kyodo News 

Japan's medical expenses in the year to March 2015 are certain to hit a new high above 40 trillion yen ($332 billion) on the back of the nation's graying population, health ministry data showed Thursday.

Japans medical spending to top JPY40 tn (c) Getty Images

Image: Getty Images

In addition to the increasing proportion of elderly people, the continuous growth reflects advances in medical technology that have made services more expensive, a ministry official said.

The official added that the greater use of cheaper generic medicines has slowed the rate of increase compared with previous years.

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 Elsevier APAC Healthcare Update

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