Health Insurance 보험
- Engineering
- Hit2363
- 2016-03-23
All international students must be insured by the National Health Insurance Program or a Private Insurance Program. The purpose of health insurance is to protect international students from unexpected accidents or high unforeseen expenses for medical treatment.
I. National Health Insurance Program: Insured students can benefit from Korean hospitals
* Eligibility
A foreigner who has intentions to stay in Korea for more than one year with a D-2 VISA, her/his spouse, and children under 20 years of age When Eligible After completion of Foreigner Registration
* Application Documents
-Verification of eligibility including Foreigner Registration Card
-Verification of purpose of stay (A copy of Foreigner Registration Card or a copy of Residence Certificate)
* Premium Criteria
-The insured student is required to pay after completion of their foreigner registration.
-The insured student is required to pay during any temporary leave that is within 3 months.
-In the case of a temporary leave that is longer than 3 months, the insurance is cancelled on the next day of departure, and the student must renew it upon return.
-There is a 50% discount for students (D-2)
* Premiums : Around 40,000 won monthly
* Payment : monthly payment
II. Private Insurance Program
If students want to buy insurance from a private firm, they can buy medical and injury
insurance for foreigners from private insurance companies. If a student becomes ill or is
injured, they can receive treatment from clinics or hospitals and pay with their own
money. After which, they can apply for reimbursement from the insurance company.
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