Reducing the burden of health insurance premiums for local subscribers. Workplace insurance premiums continue to rise
Dec 09, 2024
The total insurance premiums paid by all local health insurance subscribers are expected to be below 10 trillion won for the second consecutive year as a measure by the authorities to reduce the burden of health insurance premiums for local subscribers.
The health insurance authorities expanded the basic deduction, which was deducted from 5 million won to 13.5 million won depending on the property level, to 50 million won from September 2022, and raised it to 100 million won from February this year. It also abolished the premiums it used to charge on cars.
According to the Ministry of Health and Welfare and the National Health Insurance Service on the 9th, insurance premiums charged to local subscribers this year were about 6.3 trillion won as of August, down 2.5% (160 billion won) from the same period last year. Accordingly, the total insurance premium to be imposed on local subscribers this year is expected to be less than 10 trillion won.
Local insurance premiums increased from 8.36 trillion won in 2019 to 9.921 trillion won in 2020, 10.202 trillion won in 2021, and 10.858 trillion won in 2022, but fell to 9.73 trillion won last year. With the number of local subscribers jumping to 15.08 million in 2023, following 14.164 million in 2019, 14.195 million in 2020, 14.232 million in 2021, and 14.777 million in 2022, local insurance premiums have decreased.
On the other hand, workplace insurance premiums are increasing to 50.7712 trillion won in 2019, 54.194 trillion won in 2020, 59.4666 trillion won in 2021, 66.6845 trillion won in 2022, and 72.367 trillion won in 2023.
Meanwhile, out of last year's total insurance premium of 82.1036 trillion won, workplace insurance premiums were 72.367 trillion won (88.1%) and local insurance premiums were 9.73 trillion won (11.9%).
The health insurance authorities expanded the basic deduction, which was deducted from 5 million won to 13.5 million won depending on the property level, to 50 million won from September 2022, and raised it to 100 million won from February this year. It also abolished the premiums it used to charge on cars.
According to the Ministry of Health and Welfare and the National Health Insurance Service on the 9th, insurance premiums charged to local subscribers this year were about 6.3 trillion won as of August, down 2.5% (160 billion won) from the same period last year. Accordingly, the total insurance premium to be imposed on local subscribers this year is expected to be less than 10 trillion won.
Local insurance premiums increased from 8.36 trillion won in 2019 to 9.921 trillion won in 2020, 10.202 trillion won in 2021, and 10.858 trillion won in 2022, but fell to 9.73 trillion won last year. With the number of local subscribers jumping to 15.08 million in 2023, following 14.164 million in 2019, 14.195 million in 2020, 14.232 million in 2021, and 14.777 million in 2022, local insurance premiums have decreased.
On the other hand, workplace insurance premiums are increasing to 50.7712 trillion won in 2019, 54.194 trillion won in 2020, 59.4666 trillion won in 2021, 66.6845 trillion won in 2022, and 72.367 trillion won in 2023.
Meanwhile, out of last year's total insurance premium of 82.1036 trillion won, workplace insurance premiums were 72.367 trillion won (88.1%) and local insurance premiums were 9.73 trillion won (11.9%).
This article was translated by Naver AI translator.
