Go to Contents Go to Navigation

Health insurance system to be revised according to income level

All News 17:15 January 02, 2018

SEOUL, Jan. 2 (Yonhap) -- South Korea is pushing to revise its national health insurance program for low income earners in an effort to make health care more affordable, the government said Tuesday.

The Ministry of Health and Welfare announced a revision to the national health insurance system, which will be adopted in stages starting in July.

The ministry said 5.93 million households in the low-income bracket that are covered by the state health insurance program will pay 22,000 won (US$20) less per month than they are paying at present.

Meanwhile, working people who make more than 72 million won annually besides their regular income will be required to pay an additional 3.09 million won per month, up from 2.39 million won, officials said.

The ministry said the number of such people stood at 41,950 as of December 2016.

The latest revision is in line with the new Moon Jae-in administration's policy of strengthening the state's welfare infrastructure. The Moon government has pledged to increase overall health insurance benefits while lowering payments for the underprivileged.

Send Feedback
How can we improve?
Thanks for your feedback!