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S. Korea to Offer More Subsidies for Pregnancy and Childbirth Next Year

S. Korea to Offer More Subsidies for Pregnancy and Childbirth Next Year

SEOUL, Nov. 19 (Korea Bizwire) — Starting next January, the National Health Insurance Service (NHIS) will offer larger childbirth subsidies that are provided as credit/debit card vouchers. The Ministry of Health and Welfare and the NHIS announced Thursday that relevant legislation will come into effect on January 1, 2022. According to the new legislation, a [...]

Local Gov’ts Introduce Rigorous Childbirth Policies

Local Gov’ts Introduce Rigorous Childbirth Policies

SEOUL, Oct. 21 (Korea Bizwire) — Municipalities in Gyeonggi Province are coming up with various projects to boost childbirth. The city of Yongin decided to continue offering childbirth subsidies and give out ‘First Encounter Coupons’ to be introduced by the central government. The First Encounter Coupons are 2-million-won (US$1,700) vouchers given out for each child to [...]

Young Koreans Avoid Having Kids Due to Concerns About Climate Change

Young Koreans Avoid Having Kids Due to Concerns About Climate Change

SEOUL, July 26 (Korea Bizwire) — In the midst of a surge in momentum for environmental movements looking to overcome climate change, an increasing percentage of young Koreans are deciding not to have children because they do not want their offspring to suffer from the environmental collapse. Kim Woo-seop, a 28-year-old office worker, is concerned [...]

S. Korea in Search of Solutions for Looming Ultra-low Childbirth, Aging Population

S. Korea in Search of Solutions for Looming Ultra-low Childbirth, Aging Population

SEOUL, July 11 (Korea Bizwire) — The inclination against having babies and raising a family, particularly stronger among South Koreans, has turned out to be a trend that apparently not even money can solve. South Korea’s total fertility rate hit a record low of 0.92 in 2019, way below the 1.63 average of members of [...]