Japan's healthcare spending at a record high:
This article was originally published in Clinica
Japan's total spending on healthcare rose by 1.9% to a record high of Y29,650 billion ($245.2 billion) in the fiscal year ended March 31, 1998, the Ministry of Health and Welfare has announced. Payments by employee and state-run insurance schemes fell, by just over 8% and 0.1% respectively. This was partially offset by a 4.2% rise in spending by schemes for the elderly, whose average per capita costs rose to nearly Y810,000, compared with the overall average of around Y230,000.