Jasaeng Medical Foundation and Hyundai Marine & Fire Insurance Collaborate on Spinal Health Protection Project for Low-Income Children

Shin Min-sik, Chairman of the Social Contribution Committee at Jaseng Medical Foundation (center), and Hwang Mi-eun, Executive Director of Customer Support Headquarters at Hyundai Marine & Fire Insurance (third from left), along with key stakeholders, are posing for a commemorative photo after the social contribution fund donation ceremony.

[Asia Economy Reporter Lee Gwan-joo] Jaseng Medical Foundation announced on the 10th that it held a social contribution fund delivery ceremony for the spinal health of low-income children in collaboration with Hyundai Marine & Fire Insurance.

Hyundai Marine & Fire Insurance donated 50 million KRW in social contribution funds to Jaseng Medical Foundation for the spinal and joint health management of low-income children. The donated social contribution funds will be used for the 'Child Spinal Health Guardian Project' promoted by Jaseng Medical Foundation.

The Child Spinal Health Guardian Project is a social contribution activity that has been ongoing since 2010, combining spinal health exercise programs, job experience programs, and medical support for children facing economic difficulties.

Jaseng Korean Medicine Hospital and Hyundai Marine & Fire Insurance signed a business agreement in May last year to eradicate insurance fraud related to traffic accidents and have been maintaining an information exchange and cooperation system by operating a regular consultative body. Through this, both organizations are working together to reduce unnecessary social costs caused by traffic accident insurance fraud and to protect patient rights.

Shin Min-sik, Chairman of the Social Contribution Committee of Jaseng Medical Foundation, said, "I think it is very meaningful that the cooperation between the two organizations, which started to protect patient rights, has led to progressive results," and added, "I hope this delivery ceremony will set a good precedent and that Hyundai Marine & Fire Insurance's social contribution funds will be usefully applied to children in need, exerting a positive influence on the related industry."

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