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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 [...]

500,000 Foreigners Sign Up for State Health Insurance After New Rules Take Effect

500,000 Foreigners Sign Up for State Health Insurance After New Rules Take Effect

SEOUL, Oct. 15 (Korea Bizwire) — Only one month has passed after the mandatory subscription to state health insurance for foreigners, and the number of subscribers has increased smoothly. However, the insurance premium collection rate for these foreigners was not high. According to the data received by Rep. Ki Dong-min from the National Health Insurance [...]

Health Insurance Costs for Smoking, Drinking Hit 13 tln Won

Health Insurance Costs for Smoking, Drinking Hit 13 tln Won

SEOUL, Oct. 14 (Korea Bizwire) — Health insurance spending to cover smoking and drinking-related treatments reached 13 trillion won (US$11 billion) from 2016 through 2018, data showed Monday. According to a report submitted to Rep. Jung Choun-sook by the National Health Insurance Service (NHIS) for the ongoing parliamentary audit, annual expenditures, including insurance coverage and [...]

Gov’t Mulls Changes to Medical House Call Program

Gov’t Mulls Changes to Medical House Call Program

SEOUL, Sept. 27 (Korea Bizwire) – Discussions on the promotion of house calls, in which doctors at local hospitals visit elderly people or patients with severe diseases, are not easily concluded. The Health Insurance Policy Deliberative Committee received a report from the Ministry of Health and Welfare last Wednesday on how to promote the internalization [...]

S. Korea to Restrict Foreigners’ Visa Extensions for Defaulting on Health Insurance Fees

S. Korea to Restrict Foreigners’ Visa Extensions for Defaulting on Health Insurance Fees

SEOUL, Jul. 16 (Korea Bizwire) — South Korea will restrict visa extensions for foreigners and Korean nationals residing overseas, starting next month, in case they default on state health insurance fees, government officials said Tuesday. The measure comes as a new rule went into force the same day that requires all foreigners staying in the [...]

Foreigners Defaulting on State Health Insurance Fees Required to Cover full Medical Cost

Foreigners Defaulting on State Health Insurance Fees Required to Cover full Medical Cost

SEOUL, Jul. 9 (Korea Bizwire) — Foreign residents in South Korea who default on state health insurance fees will be required to personally pay for all medical costs, the health ministry said Tuesday. Under changes made to the National Health Insurance Act that will go into effect on July 16, foreign nationals who reside in [...]

Foreigners Residing Over 6 months Must Subscribe to State Health Insurance from July

Foreigners Residing Over 6 months Must Subscribe to State Health Insurance from July

SEOUL, Jun. 13 (Korea Bizwire) — All foreigners who stay in South Korea for six months or longer will be required to sign up for the country’s health insurance program to prevent them from receiving medical treatment and leaving without paying insurance fees, the operator of the state medical insurance scheme said Thursday. Under the [...]

About 1 mln Foreigners Join Seoul’s State Health Insurance

About 1 mln Foreigners Join Seoul’s State Health Insurance

SEOUL, May 31 (Korea Bizwire) — Foreign subscribers to South Korea’s state health insurance program numbered about 1 million in 2018 as more foreigners are staying here, data showed Friday. The number of foreign subscribers, including South Koreans living abroad, stood at 971,199 as of end-December last year, or 1.9 percent of the total subscribers [...]

Foreign Students Could End Up Paying 7 Times More for Health Insurance Premiums Under Revised Law

Foreign Students Could End Up Paying 7 Times More for Health Insurance Premiums Under Revised Law

SEJONG, May 12 (Korea Bizwire) — Starting in July, foreign students could end up paying about seven times more for health insurance premiums as they do now as a revised law requires them to join the state health insurance system if their stay in South Korea exceeds six months. So far, most foreign students have [...]

S. Korea to Revise Health Insurance for Foreigners

S. Korea to Revise Health Insurance for Foreigners

SEOUL, Oct. 4 (Korea Bizwire) — South Korean authorities said Thursday they are pushing to revise relevant laws governing the management of state health insurance schemes amid growing criticism that some foreigners are taking advantage of the system. By law, South Koreans are required to join the system, and foreigners living in South Korea can [...]