SEOUL, Jan. 8 (Korea Bizwire) — South Korea’s National Health Insurance (NHI) system achieved a surplus for the fourth consecutive year in 2024, with its reserve fund reaching a record 29.7 trillion won, the National Health Insurance Service (NHIS) announced on January 7. In 2024, NHI revenue totaled 99 trillion won, while expenditures amounted to [...]
SEOUL, June 23 (Korea Bizwire) — Amid a recent statement at the National Assembly by a ruling party leader vowing to prevent Chinese individuals from exploiting South Korea’s national health insurance, communities in China have been found to be sharing tips on how to take advantage of the system. A YouTube video created by a [...]
SEOUL, Dec. 8 (Korea Bizwire) — More than 2,000 people underwent medical treatment at a healthcare facility more than once a day last year, data showed Wednesday. The National Health Insurance Service (NHIS) reported that 2,550 people underwent medical treatment more than 365 times at local healthcare centers last year. The NHIS paid 25.1 billion [...]
SEOUL, Nov. 9 (Korea Bizwire) — The value of national health insurance subsidies falsely claimed by foreigners residing in Korea over the last five years totaled 28 billion won(US$24.8 million). According to data submitted to Rep. Hong Chol-ho of the main opposition Liberty Korea Party by the National Health Insurance Service, false health insurance claims [...]
SEOUL, Oct. 17 (Korea Bizwire) – There has been a rise, in recent years, of the number of South Koreans who pay national health insurance premiums, required for people to benefit from subsidized hospital bills, but yet do not pay into the national pension plan. According to data submitted by the National Health Insurance Service [...]
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 [...]
SEOUL, Sept. 14 (Korea Bizwire) — Hand and arm transplants are set to become less expensive for Koreans at home. The Ministry of Health and Welfare (MOHW) announced on September 13 through a press release that the National Health Insurance would extend its coverage to hand and arm transplant surgery. In addition, the national plan [...]
SEOUL, April 4 (Korea Bizwire) — The number of paralyzed patients has increased by more than 25 percent over the past five years, with 1 in 3 in their 70s or older, data showed Wednesday. The data compiled by the National Health Insurance Service showed a total of 75,295 people visited hospitals to be treated [...]
SEOUL, Sept. 21 (Korea Bizwire) – Medical statistics on the health status of young South Koreans have served as a sobering reality check for those who crow that one’s 20s are “the best time to be alive”. The worrying state of the nation’s youth was outlined by National Assemblywoman and member of the central government’s [...]
SEOUL, Jun. 13 (Korea Bizwire) — The government said Monday it will consider lowering the financial burden of senior citizens getting dentures and dental implants starting next year to meet President Moon Jae-in’s campaign pledge. Those aged over 65 are currently required to pay half of the costs for dentures and dental implants. The 50 [...]