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Article: S. KOREA SET TO RAISE HEALTH INSURANCE PREMIUMS.
- Article from:
- AsiaPulse News
- Article date:
- December 1, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, Dec 1 Asia Pulse - South Korea's public health insurance premiums are likely to rise sharply in 2006 as the government is considering an increase of more than 5 per cent, officials said Thursday.
The government recently submitted a proposal to the Health Insurance Policy Review Committee to raise health insurance premiums by 6.84-4.5 per cent next year, according to officials at the Welfare Ministry.
The committee is slated to hold a meeting on Friday to make a final decision on the proposed increase in health insurance premiums, they said.
The Federation of Korean Industries, a lobby group for the country's conglomerates, and labor and ...