South Korea to push ahead with levying health insurance premiums on daily workers earning over 20 million won annually | Yonhap News Agency

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The Korean government is promoting a plan to levy health insurance premiums on daily wage earnings exceeding 20 million won per year. This measure reflects the increasing number of high-income temporary workers and the need to strengthen the National Health Insurance Service's finances. According to the revised plan, a premium will be levied on 50% of the amount exceeding 20 million won per year, affecting some of the approximately 5.28 million people, or 5.2%. This is expected to increase annual health insurance revenue by 265.8 billion won. Currently, health insurance premiums are not effectively levied on daily wage earnings, resulting in high-income temporary workers paying only the minimum premium or receiving dependent benefits.

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