Tuesday, March 5, 2024

Low out-of-pocket costs for patients causes Doctor Shortage South Korea

See ‘Why Are We Being Treated as the Villains?’ South Korean Doctors Stage Mass Walkouts: A showdown between physicians and the government hinges on how to address one of the industrialized world’s worst doctor shortages by Dasl Yoon of The WSJ. Excerpt:

"Only Mexico has fewer doctors relative to the population among Organization for Economic Cooperation and Development members. The country also has universal healthcare, with low out-of-pocket costs, leading South Koreans to visit the doctor’s office more than citizens in any other advanced nation—more than two times the OECD average.

South Korea has about 140,000 doctors. Within the next decade or so, the country is projected to have a shortfall of 15,000 physicians, according to government estimates."

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