Japan’s Corporate Health Insurance Financial Conditions Worsen
This article was originally published in PharmAsia News
Executive Summary
TOKYO - Squeezed by soaring treatment costs and shrinking participation, Japan's corporate health insurance providers suffered a steep fall in their balance sheets in fiscal 2007, ended in March 2008, an insurance lobby reported Sept. 10, while predicting that as many as 90 percent of them would suffer operating deficits in fiscal 2008