Next Year's Health Insurance Premium Rate to Be Decided in the Second Half... Long-Term Care Benefits to Increase by 2.09%

[Asia Economy Reporter Ji-hwan Park] The decision on next year's health insurance premium rate has been postponed to the second half of the year.

On the 25th, the Ministry of Health and Welfare held a meeting of the Health Insurance Policy Deliberation Committee, the highest decision-making body for health insurance policy, to discuss the 2022 health insurance premium rate issue but was unable to reach a final conclusion and decided to continue further discussions. The Ministry stated, "The decision on next year's health insurance premium rate will be referred back to the subcommittee for additional discussions and then finally decided at the plenary meeting."

So far, the health insurance premium rate increase was 0.90% in 2016, and it was frozen in 2017. In recent four years, the increase rates were 2.04% in 2018, 3.49% in 2019, 3.20% in 2020, and 2.89% in 2021, showing a rise of 2 to 3%.

The Health Insurance Policy Deliberation Committee decided to raise next year's hospital and dental care benefit costs by 1.4% and 2.2%, respectively. With the confirmation of the hospital and dental care fee increase rates, the total care benefit costs for next year were finally decided to rise by 2.09% compared to this year.

This content was produced with the assistance of AI translation services.