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Japan's medical spending to top JPY40 tn

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03-Sep-15 Japan's medical expenses in the year to March 2015 are certain to have hit a new high above JPY40 tn (USD332 bn) because of the nation's graying population, health ministry data showed. The continuous growth also reflects advances in more expensive medical technology, while greater use of generic medicines has slowed the increase compared with previous years. [image: Getty Images].

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45 million Indians to benefit from cashless treatment

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03-Sep-15 Rajasthan is the third Indian state to start Swasthya Bima Yojana (Health Insurance Scheme), following Maharashtra and Tamilnadu. More than 45 million people in the state will benefit from cashless health care facilities through private and public health care providers under the scheme. [image: Rajasthan News]

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Australia's Medicare claims hit 1 million per day

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03-Sep-15 Australia's Medicare is now being billed over one million times a day for the first time in history. 21 million Australians accessed over 368 million individual services on the Medicare Benefit Schedule (MBS) at a cost to taxpayers of over $20 billion. [image: ABC]

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Health spending below target in Philippines

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04-Aug-15 The Philippines has failed to meet five of its eight healthcare financing targets indicators. Data from the National Health Accounts showed missed targets for government share of spending on health, out-of-pocket health spending, local government share of spending, local government public health spending, and PhilHealth share of spending. 68% of total health spending was privately financed. [image: Health Market Innovations]

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Koreans feeling huge medical expenditure burden

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23-Jul-15 Korea's Ministry of Health & Welfare compared the Korean National Health Accounts and Total Health Expenditure data for 2014 to the OECD’s Health Data and announced that the Korean government’s public financial resources accounted for 55% of the country’s national health expenditures. Conversely, the average of the 34 OECD member countries was as high as 72%. [image: Business Korea]

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