Korean Job Discussion Forums

[winterfall]

I checked the national Health Insurance contribution rate. And it looks like they raised it to 5.64%, from just the employee's side.

But they seem to offer discounted rates if your in the lower income bracket.

Reduction Rate (%)

* Worker in remote island or area: 50%
* The self-employed insured in farming or fishing village: 22%
* The insured with low-income: 10~30%
* The insured with dependent who is at least 65 years or disabled: 30%
o The total reduction rate must not exceed 50% of the monthly contribution.



http://www.nhic.or.kr/english/insurance/insurance04.html

Does any know how Korea defines low-income? Is under 3 million a month counted?

[rainism]