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Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
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nate2008
Joined: 10 Apr 2008 Location: Daegu
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Posted: Sun Jul 06, 2008 10:18 am Post subject: Details About Health Insurance |
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Hello all, I am a Korea Newbie. I will be leaving for Korea at the end of August to work for EPIK in Daejeon. I have not yet received the contract but I am under the assumption that I will most likely be receiving the typical 50/50 health insurance plan. I am looking for some details about this type of coverage. Please note that I have spent the past 2 hours attempting to use the search function to find other threads about this subject, but the search function on these forums is awful.
Here are some questions I have:
1) How exactly do the co-pays work? Do I front all the cost and eventually I am reimbursed 50%?
2) I know you have to have your ARC to get on the insurance plan, but once you get your ARC, how do you get on the plan? Do you have to go to a government office somewhere and apply? Or are you just automatically insured once you receive your ARC?
3) How much does it cost to be on the program? Is there a certain amount deducted from each paycheck? If so, what is a typical amount that will be deducted?
4) Anything else you think I should know would be greatly appreciated.
Thanks in advance for any help you can offer me. |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Sun Jul 06, 2008 2:27 pm Post subject: Re: Details About Health Insurance |
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nate2008 wrote: |
Hello all, I am a Korea Newbie. I will be leaving for Korea at the end of August to work for EPIK in Daejeon. I have not yet received the contract but I am under the assumption that I will most likely be receiving the typical 50/50 health insurance plan. I am looking for some details about this type of coverage. Please note that I have spent the past 2 hours attempting to use the search function to find other threads about this subject, but the search function on these forums is awful.
Here are some questions I have:
1) How exactly do the co-pays work? Do I front all the cost and eventually I am reimbursed 50%?
2) I know you have to have your ARC to get on the insurance plan, but once you get your ARC, how do you get on the plan? Do you have to go to a government office somewhere and apply? Or are you just automatically insured once you receive your ARC?
3) How much does it cost to be on the program? Is there a certain amount deducted from each paycheck? If so, what is a typical amount that will be deducted?
4) Anything else you think I should know would be greatly appreciated.
Thanks in advance for any help you can offer me. |
1) Working with EPIK means you will actually get your NHIC health coverage (as required by law and often ignored by hakwons).
Specifics for the co-pay system are on the NHIC website:
http://www.nhic.or.kr/eng/
Basically, with NHIC insurance, you go to any doctor or health care provider, show your card and get your care. The amount of the co-pay varies, depending on the service you receive. 3000 won for a basic doctor's consultation. 3500 for a dental filling. etc.
I had a doctor's visit, complete with shoulder x-rays and my fees were 15,000 won (about $15). Another visit because of breathing problems, 3000 won for the doctor and 3000 won for the prescription (antibiotics).
The birth of our daughter including hospital stay, etc, was 550k won.
Surgery and a week in hospital to repair an ACL was 1 million won (about $1000).
Co-pays are cheap and the subsidies include your prescriptions and basic dental coverage.
2) After you get your ARC your school will sign you up for NHIC. It usually takes about 10 days AFTER you get your ARC. You may have to annoy your co-teacher to make sure that the request actually gets to the admin office for processing.
3) the premium is 5.08% of your salary and your employer pays 1/2 so your monthly premium, on a salary of 2.0 million would be about 51k won (about $50).
4) If you are really worried, get travel insurance to cover you for the first 30-60 days here. It is usually pretty cheap. Unlike the system in the US, you can't be refused medical and costs are cheap, even before you get your insurance.
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