Urgent.News

What's breaking now, across thousands of outlets.

World

Nat'l health insurance fiscal balance for foreigners tops 1 tln won in surplus last year

SEOUL, Oct. 25 (Yonhap) -- The fiscal balance of South Korea's national health i...

Nat'l health insurance fiscal balance for foreigners tops 1 tln won in surplus last year

For the first time in recent years, the fiscal balance of Korea's national health insurance system for foreigners reached a surplus of over 1 trillion won, amounting to $753 million, in the previous year. This surplus marked a significant shift from previous deficits. Data from the National Health Insurance Service (NHIS) revealed that the insurance premiums paid by foreign nationals totaled 2.54 trillion won, while the medical expenses covered by the NHIS amounted to 1.52 trillion won.

This surplus surplus, totaling 1,012.8 trillion won, surpassed the previous year's figure of 943.9 billion won. It also marked the first time a surplus exceeding 1 trillion won had been achieved for foreigners since 2017, representing a consecutive surplus streak. However, the fiscal balance for Chinese nationals took a turn for the worse, with a deficit of 40.9 billion won last year.

In 2025, insurance premiums collected from Chinese nationals amounted to 956.4 billion won, while the NHIS was obligated to cover medical expenses totaling an unspecified amount.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at en.yna.co.kr →

More in World

JUI-F KP directs leaders to quit ARDC

PESHAWAR: The Khyber Pakhtunkhwa chapter of Jamiat Ulema-i-Islam-Fazl (JUI-F) on Saturday directed party members appointed to the newly established Area Representative and Development Council (ARDC)…

More from Sunday 25 October →