TOKYO -- Japan's Health Ministry plans to raise health insurance premiums for those 75 and older in fiscal 2016 as part of an effort to deal with ballooning medical costs for the country's public medical insurance system.
This and other proposed changes will be presented at a panel under the ministry on Wednesday, with the aim of having relevant bills submitted to the Diet next year. The expenditures of the central government are expected to be reduced by about 80 billion yen ($735 million).
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