December 29: Japan Disability Pension Scandal – Secret Reviews Exposed
Japan disability pension is back in focus after the Japan Pension Service admitted staff secretly discarding doctors’ rulings and redoing assessments. Investors should treat this as a governance and process risk. The review could reset compliance, data controls, and budgets across public benefits. It may also affect insurers, hospitals, and administrators that rely on official disability outcomes. We break down what happened, likely timelines, and the impact on cash flows and valuations linked to the Japan disability pension ecosystem.
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