DUBLIN–(BUSINESS WIRE)–The “South Korea Healthcare Outlook 2020: COVID-19 Crisis Will Accelerate Emerging Trends in Healthcare Financing and Provision” report has been added to ResearchAndMarkets.com’s offering.
South Korea’s healthcare system has been relatively successful so far in confronting the COVID-19 threat, but the direct and indirect economic headwinds on South Korea will be significant and will increase pressure on both government finances and out-of-pocket spending.
The government is prioritizing fiscal measures to reduce those pressures, but this will also widen consistent financing challenges that have dogged the Moon Jae-in administration’s expansionary healthcare coverage agenda.
The crisis is likely to drive significant headwinds for private healthcare spending in South Korea, as financial conditions worsen for private payers and providers.
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