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The Nationwide Federation of Well being Insurance coverage Societies, or Kenporen, mentioned Thursday that its member societies are anticipated to log a document loss in fiscal 2023.
The mixed loss is projected to succeed in ¥562.3 billion within the 12 months by subsequent March due primarily to rising contributions to the medical care service for the aged, mentioned the group of medical insurance societies for workers of huge firms and their households.
The common actual premium price, or the speed at which premiums would have the ability to cowl the loss solely, stood at a document 10.10%.
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