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how much should the health insurance cost me?

 
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Illysook



Joined: 30 Jun 2008

PostPosted: Mon Dec 22, 2008 5:48 pm    Post subject: how much should the health insurance cost me? Reply with quote

I've been to the doctor's here a few times now and it's pretty cheap, so how come the insurance is going to cost like 3 million won a year? I'm smelling a rat.
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Otherside



Joined: 06 Sep 2007

PostPosted: Mon Dec 22, 2008 6:37 pm    Post subject: Reply with quote

Insurance costs YOU 2.54% of your salary (with your employer matching your contribution). You salary would have to be around 10mill a month for insurance to cost you 3mill a year.

If you are in the 2-2.5mill/month bracket, It will cost you 50K-63K a month. Or 600K-760K a year.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Mon Dec 22, 2008 8:16 pm    Post subject: Reply with quote

the national insurance plan is 2.54% of your salary and that is matched by your employer.

http://www.nhic.or.kr/

It sounds like your hakwon is getting you private insurance at 100% of your own expense.

Be aware that private insurance will NOT cover the portion of your expenses that is required to be covered by NHIC.

Sounds like you have a shitty hakwon.

.
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