health insurance Archives | Be Korea-savvy
Korea’s Caregiving Crisis: A Call for Health Insurance Coverage as Families Struggle with Soaring Costs

Korea’s Caregiving Crisis: A Call for Health Insurance Coverage as Families Struggle with Soaring Costs

SEOUL, Dec. 21 (Korea Bizwire) – In July, a man in his 60s tragically ended the life of his wife, whom he had dedicated over three years to caring for in Seoul. The man had given up his job to provide support to his wife, who suffered from a rare disease. He explained to the police, [...]

South Korea to Introduce 6-Month Stay Requirement for Health Insurance Dependent Status for Foreigners

South Korea to Introduce 6-Month Stay Requirement for Health Insurance Dependent Status for Foreigners

SEOUL, Oct. 27 (Korea Bizwire) – Starting next year, foreigners will be required to stay in South Korea for a minimum of six months to qualify for health insurance dependent status. According to the Ministry of Health and Welfare and the National Health Insurance Service on Thursday, a revision to the Health Insurance Act that introduces [...]

Digital Therapeutics May Soon Be Covered by Health Insurance

Digital Therapeutics May Soon Be Covered by Health Insurance

SEOUL, July 25 (Korea Bizwire) — Digital therapeutics (DTx), used to treat insomnia and depression through smartphone applications, may soon be covered by health insurance. According to industry sources, the enactment bill for DTx health insurance guidelines recently passed the sub-committee of the health insurance policy deliberation committee under the Ministry of Health and Welfare. [...]

Gov’t Cracks Down on Health Insurance Fraud

Gov’t Cracks Down on Health Insurance Fraud

SEOUL, March 1 (Korea Bizwire) — The Ministry of Health and Welfare has indicated significant changes to the country’s health insurance payment standards in a bid to improve financial stability and prevent fraud. The measures were revealed during the 3rd Health Insurance Policy Deliberation Committee on Tuesday, with the vice minister stating that the aim [...]

Rights Watchdog Urges Insurance Firms to Stop Discriminating Against People Suffering from Mental Illnesses

Rights Watchdog Urges Insurance Firms to Stop Discriminating Against People Suffering from Mental Illnesses

SEOUL, Aug. 11 (Korea Bizwire) — The state rights watchdog on Wednesday ruled that it is discriminatory for insurance companies to deny people who take antidepressants while receiving psychotherapy treatments from subscribing to indemnity health insurance plans. The National Human Rights Commission of Korea (NHRCK) announced that it recommended that the CEOs of two local [...]

Foreign Students Criticize Mandatory Health Insurance Premiums

Foreign Students Criticize Mandatory Health Insurance Premiums

SEOUL, March 10 (Korea Bizwire) — Controversy is beginning to spark over new health insurance rules that impose monthly premiums of 40,000 won (US$35.04) on foreign students, starting this month. Some students from Southeast Asia began to consider giving up on education because of the new health insurance premiums, while others have made illegal attempts [...]

Chinese Account for Majority of Health Insurance Benefits for Foreigners

Chinese Account for Majority of Health Insurance Benefits for Foreigners

SEOUL, Oct. 21 (Korea Bizwire) — Among foreigners who received South Korean health insurance benefits over the past five years, Chinese people accounted for more than two thirds of the total. For cases of illegal health insurance coverage that happened during the same period, the clawback amount remained low at less than 50 percent. According [...]

Number of Foreign Subscribers to State Health Insurance Soars in 2019

Number of Foreign Subscribers to State Health Insurance Soars in 2019

SEOUL, Feb. 12 (Korea Bizwire) — The number of foreign subscribers to South Korea’s state health insurance program surged in 2019 to top the 1 million mark after the country required long-stay foreigners to sign up for it, data showed Wednesday. According to the data from the National Health Insurance Service (NHIS), there were slightly [...]