Increase in the national health insurance and the long-term care insurance for the elderly starting from January 1, 2019

Effective from January 1, 2019, the insurance premium rate of the National Health Insurance will be increased from 6.24% to 6.46% of monthly salary income (excluding non-taxable income). Each employer and employee portion rise from 3.12% to 3.23%, respectively. In addition, the insurance premium rate of the Long-Term Care Insurance for the Elderly (surcharge of the national health insurance) will also be increased from 7.38% to 8.51% of the National Health Insurance premiums.

With the monthly salary income excluding non-taxable income of KRW 5,600,000, the insurance premiums will increase as shown below.