Health insurance fees for 5.61 million households, among the self-employed insured of the national health insurance, will be slashed by an average of 36,000 won per month starting September. On the other hand, 273,000 subscribers, including the elderly, who have been registered as the dependent of the employee insured and thus have not been paying health insurance premiums will have to start paying health insurance fee from September.

The gist of the amendment of the health insurance scheme is to reduce the amount of health insurance fees the self-employed insured has to pay. There has been criticism that the self-employed insured has to pay a greater amount of health insurance costs than the employee insured do, as their health insurance fees were imposed in proportion not only to their income but also their houses and vehicles. To learn more, click here.

As always, please contact your Total Benefit Solutions Inc health insurance specialists with any questions or concerns at (215)355-2121.