South Korea to Freeze Health Insurance Contribution Rate at 7.19% Next Year
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- South Korea will keep its national health insurance contribution rate at 7.19% in 2027.
- The rate had remained unchanged in 2024 and 2025 before rising 1.48% this year.
- The decision marks a return to a freeze after one year of increase.
South Korea will not raise national health insurance contributions next year. The Health Insurance Policy Deliberation Committee decided on Aug. 8 to keep the 2027 contribution rate at 7.19%, the same as this year.
The rate remained frozen for two consecutive years in 2024 and 2025. It then rose by 1.48% this year before returning to an unchanged rate for 2027.
Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.