How to apply for Korean medical insurance after purchasing real estate in South Korea?

You can take a look at the introduction below.

After successfully immigrating (obtaining a green card) by purchasing real estate in South Korea (including real estate in Jeju Island), you can enjoy the same medical insurance services as Korean citizens. So next, Jeju Taofang.com will briefly sort out the relevant information about South Korea’s National Health Insurance.

1. What is Korean National Health Insurance?

Korean National Health Insurance is a type of health insurance that the Korean government forces Korean citizens to join. It is based on a family unit, and premiums are charged based on the property and income ratio of Korean national families.

2. What are the benefits of joining South Korea’s National Health Insurance?

1. Hospital treatment is directly discounted, and the government generally bears 50% to 80% of the diagnosis and treatment costs.

2. Apply once and enjoy forever.

3. Free national health examination once every two years.

4. It can be used in any hospital in South Korea and enjoys the same protection as Korean citizens.

5. You need to pay the fee when you are in Korea, but you do not need to pay it when you are not in Korea.

3. Application conditions for foreigners:

1. Hold a Korean green card (visa starting with F).

2. Live in South Korea for 3 consecutive months (there is no residence requirement after that).

4. Application process (foreigners):

1. Preparation materials: passport and alien registration certificate. If family members apply together, they need to provide notarization of kinship.

2. Joining process: Provided that you have lived in South Korea for three consecutive months, you can apply with the above materials.

3. Application time: Generally, it takes about 1 hour.

4. Application fee: Generally, the national insurance fee for an individual foreigner is 150 yuan/month, and for a family (three people) it is about 300 yuan/month.

Hope it will be adopted in time.