Japan Opposition Wants Medical Insurance Law Scrapped, NHK Says

May 11 (Bloomberg) -- Japanese opposition parties will submit a bill later this month to abolish a new medical insurance law targeting people aged 75 years and older, an opposition party politician said in a NHK program.

The new medical insurance system, which raised net premium payments for many seniors because of changes to subsidies, became effective in April.

``The bad law should be abolished,'' Kenji Yamaoka a Diet committee chairman of the Democratic Party of Japan said on the program today. Four opposition parties will submit a bill to the Upper House in the last week of May, he said.

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