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South Korea: Government to reform national health insurance and pension schemes - P4H Network

South Korea: Government to reform national health insurance and pension schemes

The government of the Republic of Korea will begin earnest discussions to boost the sustainability of the national health insurance system and plans to unveil reform measures by September.

The Health Ministry has drawn up a plan to devise preliminary measures this month to improve the overall fiscal sustainability of health insurance coverage, according to a report by KBS World.

The measures are expected to include some of those mentioned in a public hearing last year aimed at removing fiscal loopholes, such as stronger monitoring of excessive or frequent insurance claims.

A comprehensive policy package in September is expected to further flesh out the details to achieve transparency and fairness in health insurance coverage as well as to raise and normalise the cost of treatment, surgeries and hospitalization.

Read the full article on Pension Policy International

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