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Middle-Aged Group Says Parents’ Medical Bills Biggest Financial Burden

Middle-Aged Group Says Parents’ Medical Bills Biggest Financial Burden

SEOUL, May 18 (Korea Bizwire) – Middle-aged South Koreans who live with or support their parents financially feel the heaviest burden when bearing their medical bills, but some saw it as a duty that has to be fulfilled even if means getting loans or giving up on their own savings, a survey said Wednesday.  In [...]

S. Koreans’ Medical Expenditures Before Death Soar: Data

S. Koreans’ Medical Expenditures Before Death Soar: Data

SEOUL, May 14 (Korea Bizwire) – South Koreans’ medical expenditures spent a year before death jumped more than threefold over the past decade, data showed Sunday, reflecting the rising need to beef up the country’s hospice facilities and services.  According to the National Health Insurance Service (NHIS), South Koreans aged 40 and above on average [...]