Employment-related Insurances

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Information as of 21 Feb, 2017

Definition

Applying for health insurance in Korea is optional. However, once insured, it is not possible for a foreign national to cancel his/her health insurance for as long as he/she is employed.

If a foreign national leaves Korea for more than one month, the National Health Insurance Corporation will have their health insurance automatically canceled upon notification by the Immigration Office.

Insurance fee

 Average monthly income (month) × Insurance fee rate (5.08%) The employee and employer pay an equal (50% each) contribution towards the total calculated amount.

Health insurance coverage

  • Medical treatment : Illness, prevention of injury, diagnosis, treatment, rehabilitation, birth, death, etc.
  • Medical checks : To prevent illness and maintain good health, medical check-ups are provided once every two years. Those in non-office jobs (laborers) are offered medical checks on a yearly basis.