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New insurance and pension rules?

 
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minos



Joined: 01 Dec 2010
Location: kOREA

PostPosted: Tue Jan 11, 2011 9:47 pm    Post subject: New insurance and pension rules? Reply with quote

My boss just informed that the health insurance coverage and costs have risen due to a new law.


is it true? It looks like my costs will be 150,000(I make about 3 mil a month) each month! Should I go private insurance?
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OculisOrbis



Joined: 17 Jul 2006

PostPosted: Tue Jan 11, 2011 10:20 pm    Post subject: Reply with quote

I havent heard that the rates have risen for this year. In 2009, the rate was 5.08% (you pay half of that). It rose to 5.33% in 2010. You'll have to call and ask them whether the rates changed for 2011. Their English service line is 02-390-2000.

Even if they have raised the rates again, you can't opt for private insurance. You MUST be enrolled in the national health insurance program. It is a requirement, not an option. Private health insurance can supplement the national plan, but it is NOT a replacement.


Last edited by OculisOrbis on Tue Jan 11, 2011 10:37 pm; edited 2 times in total
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nathanrutledge



Joined: 01 May 2008
Location: Marakesh

PostPosted: Tue Jan 11, 2011 10:21 pm    Post subject: Reply with quote

Rates have risen and you cannot opt out of the national plan.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Wed Jan 12, 2011 3:48 am    Post subject: Re: New insurance and pension rules? Reply with quote

minos wrote:
My boss just informed that the health insurance coverage and costs have risen due to a new law.


is it true? It looks like my costs will be 150,000(I make about 3 mil a month) each month! Should I go private insurance?


On 3 million per month that would be about 100% of the premium. Isn't your boss paying 1/2 (like he is supposed to?)

Do you have the NHIC booklet to go with your insurance premium?

.
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