Health care Archives | Be Korea-savvy
S. Korean Health Care Exports Hit Record High in 2020 amid Pandemic

S. Korean Health Care Exports Hit Record High in 2020 amid Pandemic

SEOUL, March 11 (Korea Bizwire) — South Korea’s health care and cosmetics exports soared more than 38 percent to an all-time high in 2020 amid the coronavirus pandemic, industry data showed Thursday. The country’s overseas shipments of pharmaceuticals, cosmetics and medical devices stood at US$21.70 billion last year, up 38.3 percent from the previous year [...]

South Korean Cities Adopting Mobile Healthcare Technology

South Korean Cities Adopting Mobile Healthcare Technology

GIMHAE, March 16 (Korea Bizwire) — From regular checkups to medical counseling, scores of municipal governments across South Korea are adopting mobile health technology in a bid to improve public health. The city government of Gimhae is among the 70 local governing bodies that have adopted a mobile health center system as part of a joint [...]

Moon Introduces New, Improved Health Care to Lessen Medical Expenses

Moon Introduces New, Improved Health Care to Lessen Medical Expenses

SEOUL, Aug. 9 (Korea Bizwire) — President Moon Jae-in on Wednesday introduced a government move to significantly reform the state-run health care program that will greatly reduce the medical expenses of patients, especially those in the low-income bracket, while providing new and enhanced benefits. At the same time, the president vowed to keep the rise [...]

S. Korea’s Smart Health Care Industry At Standstill: Report

S. Korea’s Smart Health Care Industry At Standstill: Report

SEOUL, March 20 (Korea Bizwire) — South Korea’s smart health care industry that is viewed as a next growth engine for the country has been at a standstill for the past five years due to lack of policy coordination, a report by a local think tank said Sunday. According to the Korea Institute for Industrial Economics and Trade (KIET), the country’s health care-related businesses have been growing [...]

Health Care and Pensions Under ‘Great Threat,’ S. Korean Government Warns

Health Care and Pensions Under ‘Great Threat,’ S. Korean Government Warns

  SEOUL, March 8 (Korea Bizwire) – A new analysis from the South Korean government warns the country of dangers facing pensions and the National Health Insurance Service (NHIS) in the coming years. Some worrying findings from the analysis paint a grim picture for health care users and pensioners in South Korea, as the national health [...]

Health Care Scams to Cost S. Korea Big This Year

Health Care Scams to Cost S. Korea Big This Year

SEOUL, Dec. 21 (Korea Bizwire) – False health insurance claims in South Korea are expected to flirt with 600 billion won this year despite a crackdown on scammers, data showed Wednesday.  According to the data by the National Health Insurance Service, medical providers’ false and unfair insurance claims came to 545 billion won (US$456 million) [...]

Wireless Carriers Look to Health Care as Their “New Cash Cow”

Wireless Carriers Look to Health Care as Their “New Cash Cow”

SEOUL, Sept. 30 (Korea Bizwire) – With the advance of information communication technology(ICT), boundaries between businesses are falling apart rapidly, and collaboration among different businesses is becoming a new norm. Telecommunication industry is no exception and they are stepping into the medical service field betting this will sustain their growth. According to industry watchers, SK Telecom and [...]