1+ hour, 59+ min ago   (321+ words) Health Status Linked to Coverage Analysis Tailored Services Planned by Life Stage Daesang Wellife has partnered with Hanwha Life Financial Service to develop an integrated life-care service that combines healthcare and insurance. The plan is to link health data with…...

2+ week, 17+ hour ago   (383+ words) Treatment costs at oriental medicine hospitals for minor auto insurance patients (grades 12-14) have risen more than 26% over the past five years, according to industry data. The insurance industry pointed to "set billing" by some oriental medicine hospitals and long-term stays…...

3+ mon, 4+ day ago   (271+ words) Response to Violence, Liability Claims Legal Consultation via Bar Association Hanwha General Insurance signed a memorandum of understanding (MOU) with the Korean Federation of Teachers' Associations (KFTA) on Wednesday to strengthen teachers' rights protection and the social safety net, marking…...

3+ mon, 4+ day ago   (811+ words) Seoul Economic Daily Korean insurers are feeling the pinch as the introduction of the so-called "8-week rule," designed to curb excessive treatment of minor auto accident victims, is expected to face difficulties being implemented within the first half of the…...

3+ mon, 1+ week ago   (407+ words) Switching to 5th Gen Cuts Premiums by 88% Optional Discount Rider Available While Keeping 1st, 2nd Gen Elderly Policyholders May Benefit From Retaining Existing Plans Consumers who signed up for indemnity health insurance before March 2013 could significantly reduce their premium burden over the next…...

3+ mon, 2+ week ago   (535+ words) Seoul Economic Daily With the launch of fifth-generation indemnity health insurance imminent, consumers are weighing their options. The new fifth-generation product offers significantly lower premiums than existing indemnity insurance but imposes higher out-of-pocket rates. Whether the switch pays off depends…...

3+ mon, 3+ week ago   (262+ words) Seoul Economic Daily The annual "health insurance premium settlement" controversy that recurs every April has hit 10 million Korean salaried workers again this year. Experts are increasingly calling for reform of what has been dubbed the "health insurance premium bomb" phenomenon....

3+ mon, 4+ week ago   (198+ words) A Case of Practical Commercialization Ahead of Legislation iM Financial Group announced on the 20th that its subsidiary iM Bank has become the first in Korea to successfully complete a proof-of-concept (PoC) for a blockchain-based prepaid payment service. The achievement was…...

4+ mon, 2+ week ago   (269+ words) Fuel surcharges on airline tickets issued this month have surged more than threefold as international oil prices soar amid the Middle East war. The aviation industry said Thursday that April fuel surcharges jumped to level 18 out of 33 tiers, up from…...

4+ mon, 2+ week ago   (301+ words) For salaried workers, April can be either a "cruel month" or a "bonus-like month." Take-home pay, typically deposited around the 25th of each month, can differ significantly from the usual amount. ◇ "Why Did My Pay Drop?"… Health Insurance Settlement Changes April…...