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blujeanguy
Joined: 30 Mar 2004
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Posted: Tue Mar 21, 2006 11:16 pm Post subject: Both Pension and Health Insurance Both Mandatory? |
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My boss says that pension and health insurace must be paid for all foreigners in Korea. Now he's nervously getting the paperwork ready for us. If I were to choose pension is it also mandatory to get health insurance as well? I just want pension. |
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Wrench
Joined: 07 Apr 2005
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Posted: Wed Mar 22, 2006 1:16 am Post subject: |
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yes it is. |
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BigBuds

Joined: 15 Sep 2005 Location: Changwon
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Posted: Wed Mar 22, 2006 6:29 am Post subject: |
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They're both mandatory under Korean Law. |
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Homer Guest
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Posted: Wed Mar 22, 2006 7:31 am Post subject: |
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Mandatory. |
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just because

Joined: 01 Aug 2003 Location: Changwon - 4964
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Posted: Wed Mar 22, 2006 7:47 am Post subject: |
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BigBuds wrote: |
They're both mandatory under Korean Law. |
What about if I have my own health insurance???? |
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Big Mac
Joined: 17 Sep 2005
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Posted: Wed Mar 22, 2006 7:49 am Post subject: |
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just because wrote: |
BigBuds wrote: |
They're both mandatory under Korean Law. |
What about if I have my own health insurance???? |
You shouldn't need your own health insurance if your employer does what he is supposed to do and signs you up for the national plan.
There's no reason for a teacher to have private medical insurance in Korea. |
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just because

Joined: 01 Aug 2003 Location: Changwon - 4964
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Posted: Wed Mar 22, 2006 9:04 am Post subject: |
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Big Mac wrote: |
just because wrote: |
BigBuds wrote: |
They're both mandatory under Korean Law. |
What about if I have my own health insurance???? |
You shouldn't need your own health insurance if your employer does what he is supposed to do and signs you up for the national plan.
There's no reason for a teacher to have private medical insurance in Korea. |
The thing is the missus and I are looking at a private health plan to cover us if we move overseas and may have found a good one that gives better coverage then the national health plan for not much more....
It isn't compulsary I take the national health plan is it????
-I wouldn't imagine so....... |
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hogwonguy1979

Joined: 22 Dec 2003 Location: the racoon den
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Posted: Wed Mar 22, 2006 3:04 pm Post subject: |
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just because wrote: |
Big Mac wrote: |
just because wrote: |
BigBuds wrote: |
They're both mandatory under Korean Law. |
What about if I have my own health insurance???? |
You shouldn't need your own health insurance if your employer does what he is supposed to do and signs you up for the national plan.
There's no reason for a teacher to have private medical insurance in Korea. |
The thing is the missus and I are looking at a private health plan to cover us if we move overseas and may have found a good one that gives better coverage then the national health plan for not much more....
It isn't compulsary I take the national health plan is it????
-I wouldn't imagine so....... |
you are griping over losing 35,000 won/month for health insurance????
give me a break!!!! |
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just because

Joined: 01 Aug 2003 Location: Changwon - 4964
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Posted: Wed Mar 22, 2006 6:29 pm Post subject: |
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hagwonguy1979 wrote: |
you are griping over losing 35,000 won/month for health insurance????
give me a break!!!! |
What????
I already will have one type of cover that is recognized by Korean hospitals by a Korean company...why would I get 2 different health insurances that the cover the same thing????? |
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chinook
Joined: 17 Mar 2004 Location: canada
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Posted: Thu Mar 23, 2006 9:17 am Post subject: |
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Interesting. Poly School didn't give us either pension or the official insurance, but they did pay half of any submitted medical expense. |
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