Monday, September 17, 2018

Talk about the health insurance plans in Korea.

In Korea, there is a national insurance policy which is a public insurance policy of sorts. Everyone is compelled to join. Under this insurance system, people can deduct the costs when undergoing treatment in a hospital. They also enjoy benefits when receiving medical check-ups. However, the patient must cover the costs for major surgeries or in-patient treatment. A lump sum of money is needed in such cases. This can be covered by private insurance. Insurance companies offer various coverage policies and the costs vary accordingly. Insurance premium is cheaper than other countries and the insurance coverage is good, so many people sign up for private insurance. Depending on the policy, living expenses are partially supported in addition to treatment costs. This can be very helpful.

How did your surgery go? Do you get better now?

Thanks for asking. I feel much better, but it costs an arm and a leg.

Oh, no!. Didn't your insurance cover the cost?

Unfortunately, my insurance doesn't cover in-patient treatment.