Tobacco firms, health insurer go to court
Sept 12, 2014
Just a day after the government announced an 80 percent hike in cigarette prices, the first hearing for the state health insurer’s high-profile lawsuit against major tobacco firms was held on Friday.The National Health Insurance Service filed a lawsuit against three domestic and foreign tobacco makers ― KT&G, British American Tobacco and Philip Morris ― in April, seeking damages of 53.7 billion won ($52 million) for payouts over tobacco-related diseases. The ongoing legal case is the first lawsu