Health insurance has a dependent system.
It was created with the purpose of allowing parents, etc., who have no financial ability to pay for their livelihood and depend on employers for their livelihood, to receive medical insurance without paying insurance premiums.
Thanks to this system, when a child is employed, parents are registered on the health insurance card of their child who is a member of the employer as a dependent, and receive insurance benefits without paying a dime.
However, if your assets and income exceed the 'set standard' set by the health insurance authorities, you will not be recognized as a dependent and will be converted to a local insurer and have to pay premiums separately.
This is a device created to promote fairness and fairness in insurance premium burden when controversy arises, such as being registered as a dependent and 'free riding' by holders of high-value assets even though they have economic ability.
In November of each year, the health insurance authorities recalculate and impose insurance premiums for local subscribers by reflecting the growth rate of last year’s income (interest, dividend, business, earned income, housing rental income, etc.) .
In this process, dependents also check whether their wealth and income have increased compared to the previous year, and if they exceed a certain threshold, they will be excluded from the dependents and converted to a local insured, and local insurance premiums will be charged from December.
Currently, the income standard excluding dependents is when the annual aggregate taxable income (financial, pension, labor, other income, etc.) exceeds KRW 34 million.
The standard of property is when the property tax base amount of property owned (land, buildings, houses, ships and aircraft) exceeds 900 million won, or ▲ the tax base amount exceeds 540 million won and annual income exceeds 10 million won is.
The problem is that the announced price has risen significantly due to the sharp rise in real estate prices last year and this year.
Because of this, it is predicted that this year, there may be many dropouts because the total amount of property tax bills increases, exceeding the dependent property requirements.
Normally, 60% of the announced housing price is reflected in the property tax table, and in the case of Seoul, if you own an apartment with a published price of 900 million won or more (approximately 1.3 billion won), the standard property tax rate exceeds 540 million won. a lot.
If your annual income is 10 million won or more, including financial income, pension income, and wage and salary income, you are excluded from being a dependent.
If you own a house with a published price of 1.5 billion won (about 2 billion won in market price), the property tax standard exceeds 900 million won, and you immediately lose your dependent status.
For example, if the tax base of Mr. A's 500 million won apartment, which exceeds 10 million won a year by adding pension income and other income, rises to 600 million won (about 1.3 billion won in market price) this year, the tax base amount exceeds 540 million won. Those with an annual income of 10 million won or more are excluded from dependents.
Person A is a local subscriber from December of this year and has to pay about 180,000 won in property insurance only.
If Mr. A has a medium-sized car (valued at 40 million won or less) that has been out for less than 3 years, he pays an additional 16,000 won.
You have to pay 198,000 won per month as a total insurance premium.
This is because, unlike workplace insurers, who charge health insurance premiums only on income, local insurers are charged not only on income but also on property and automobiles.
Assuming that B has an 85 m² (32 pyeong) apartment with a tax base of 900 million won (about 2 billion won in market price) in Seoul, B will also lose his dependent status from December.
If you become a local subscriber, you have to pay 201,500 won per month only for property insurance.
If you have a mid-size car (valued at 40 million won or less) that was released less than 3 years ago, you will pay an additional 16,000 won.
A's monthly insurance premium is 217,500 won.
The Ministry of Health and Welfare and the health insurance authorities estimate that 18,000 people will be excluded from dependents this year and will have to pay new insurance premiums due to this price change.
The Ministry of Health and Welfare decided to cut the health insurance premium by 50% considering that most of the people who drop out of dependents due to a surge in house prices even though they do not have a fixed income after retirement are elderly people.
Those eligible for reduction are those who have lost their qualifications because they did not meet the property requirements for dependents as of December 1 of this year. The period of reduction is 7 months from December this year to June next year.
The second phase of the restructuring of the health insurance premium system will start from July next year, and until then, the plan is to temporarily reduce insurance premiums.
Furthermore, we plan to minimize the impact of changes in the published price by examining a plan to institutionalize automatic insurance premium reduction or exemption in cases where dependents are excluded from the reorganization of the second-stage imposition system to be implemented in July next year.
As of September this year, the total number of health insurance subscribers is 51,398,000, of which 18,476,000 are dependents, accounting for 35.9% of the total.