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Experts Call for New Pricing Standards to Prevent Excessive Medical Bills at Veterinary Clinics

Experts Call for New Pricing Standards to Prevent Excessive Medical Bills at Veterinary Clinics

SEOUL, Oct. 16 (Korea Bizwire) — Experts are calling for the establishment of a pricing standard for medical bills at veterinary clinics to relieve the financial burden for pet owners. Lee Hye-jin, a researcher at the Gyeongnam Institute, pointed out in an internal policy flier that there are “no unified standards or regulations surrounding medical [...]

Majority of S. Koreans Have Private Health Insurance

Majority of S. Koreans Have Private Health Insurance

SEOUL, Dec. 6 (Korea Bizwire) — Despite South Korea’s national health insurance plan, 8 out of 10 citizens also subscribe to private health insurance policies. Because public insurance only covers up to 60 percent of medical bills, analysts say that people are looking to private insurance policies to help offset the medical costs that they [...]