How much will the health insurance premium increase be? It will vary depending on the annual salary. In this article, Health insurance increaseWe will organize the calculation method and the expected burden amount by annual salary in an easy-to-understand manner so that you can see how much more will actually be taken out of your account. Health insurance increaseWe will guide you through the main topic.
How much will the health insurance premium increase be? It will vary depending on the annual salary, right?
The government recently raised the health insurance premium rate from 7.09 percent to 7.19 percent. This change is a 0.10 percentage point increase in the overall insurance premium rate, and the premium is calculated by multiplying the monthly salary by the rate. The text describes the formula applied in practice based on the employee subscriber. Result valueI will explain it based on
Let me give you the key summary first. Health insurance increaseThe actual burden is proportional to the annual salary. In particular, for employees, the insurance premium is split equally between the employer and the employee, so the increase in the employee's burden is calculated to be half of the total increase. I have experience organizing household cases in the field, so I can easily explain the actual calculation criteria.
How much will the health insurance premium increase be? Related information
Method and formula for calculating workplace subscribers
The basic formula for employees is very simple: multiply your monthly salary by the insurance premium rate to calculate the total insurance premium, and the employee pays half of that. Therefore, the monthly insurance premium (employee contribution) formula is as follows:
Monthly insurance premium (paid by employee) = Monthly salary × Insurance premium rate ÷ 2
If we assume that the insurance premium rate after this increase is 7.19%, the worker's burden rate is approximately 3.595%. Conversely, when it was 7.09% before the increase, the worker's burden rate was approximately 3.545%. Therefore, the actual monthly increase imposed on the worker is the monthly salary × 0.0005.
- Example of employee burden rate before increase: approximately 3.545 percent
- Example of employee burden rate after increase: approximately 3.595 percent
- Worker's monthly salary increase formula × 0.0005
Knowing the above formula, you can quickly calculate your salary whenever it changes. Health insurance increaseYou can calculate it. For a real calculator, we recommend the National Health Insurance Corporation's simulation calculator.
How much will the health insurance premium increase be? Find out.
Actual example calculation by annual salary
Here are some real-world examples of salaries that you may be most curious about. The numbers below have been rounded to the nearest tenth. The calculation formula is as above. Health insurance increaseIt displays both yearly and monthly units.
| item | detail |
|---|---|
| Annual salary: 30,000,000 won | Monthly salary: approximately 2,500,000 won. Previous monthly burden: approximately 88,625 won. After change, monthly burden: approximately 89,875 won. Monthly increase: approximately 1,250 won. Annual increase: approximately 15,000 won. |
| Annual salary: 48,000,000 won | Monthly salary: 4,000,000 won. Previous monthly burden: approximately 141,800 won. After the change: approximately 143,800 won. Monthly increase: approximately 2,000 won. Annual increase: approximately 24,000 won. |
| Annual salary: 60,000,000 won | Monthly salary: 5,000,000 won. Previous monthly burden: approximately 177,000 won. After the change, approximately 179,750 won. Monthly increase: approximately 2,750 won. Annual increase: approximately 33,000 won. |
The key point of the table above is The higher the salary, The point is that the monthly and annual increases increase. Even if the change is the same percentage, the burden is felt as the amount increases. Therefore, it is important to calculate it in advance by annual salary.
Differences and Considerations Between Local Subscribers and Dependents
Local subscribers Point systemThe insurance premium is calculated by multiplying the amount per point by the points earned based on income, property, automobiles, etc. Therefore, the impact of the increase in the amount per point is significant for local subscribers. On the other hand, dependents do not pay separate insurance premiums if they meet the income criteria.
- Local Subscriber Influence Factors Income Property Automobile Points Increase
- No insurance premium burden if dependents do not exceed the income standard
- Be aware of changes in the burden when changing from a workplace subscriber to a local subscriber during the transition period.
For example, if the amount per point increases, the monthly insurance premium increases immediately even for the same point, so those with a lot of real estate assets may be relatively more affected. In practice, when reviewing local subscriber cases, I first check the property section.
Long-term care insurance premiums and additional burden factors
Long-term care insurance premiums are added to health insurance premiums. Long-term care insurance premiums are calculated by multiplying the calculated health insurance premiums by a certain percentage, and if this percentage changes, the final burden will change. Therefore, the actual household burden will have additional increases or decreases due to changes in the long-term care ratio in addition to simple changes in the insurance premium rate.
As a practical tip, for workers with a high proportion of salaried compensation, there may be differences in insurance premium calculations depending on the method of reporting monthly compensation, so we recommend checking the compensation reporting details with the company's human resources or labor team.
Calculation Tip: If you want to quickly find out your actual monthly increase, multiply your monthly salary by 0.0005 to get the monthly increase, and then multiply that by 12 to get the annual increase.
Background and government explanation
The government decided on the amount of increase based on the need to expand expenditures, such as strengthening regional and essential medical care and providing nursing care benefits. Furthermore, the government maintains that a certain level of increase is inevitable to reduce accumulated reserves and maintain mid- to long-term fiscal soundness. This policy background is Health insurance increaseIt provides important context for understanding
However, considering the high prices and the burden on ordinary people, the increase was decided to be lower than the recent average, and it was explained that expenditure efficiency and fiscal leakage management would also be implemented in parallel.
Practical savings tips and checklists
Impressed Health insurance increaseRather than just shouldering the burden, we recommend some practical responses. Please refer to the checklist below.
- Check your monthly salary report details on your payslip.
- Check with your company whether performance-based bonuses, etc. are included to check the impact on your annual insurance premium.
- If you are a local subscriber or planning to switch, review your assets to see if your score changes.
Additionally, if you are planning to file a year-end tax settlement or change your income structure, we recommend that you simulate your premiums in advance, as they may vary depending on the timing.
Frequently Asked Questions FAQ
When will the health insurance premium increase take effect?
The new insurance premium rate is usually applied from January of the following year, and the actual deduction from salary may vary slightly depending on the time of company salary payment or when it is reflected in the notice.
How do I calculate my monthly increase based on my annual salary?
There's a simple formula: multiply your monthly salary by 0.0005 to get the monthly increase. For the annual increase, multiply the monthly increase by 12. This changes the insurance premium rate from 7.09 to 7.19, and is the difference in the worker's contribution.
Does the employer pay all of it or is it half and half?
For employees, the structure is such that the employer and employee share half of the cost. Therefore, the actual increase in the burden on the employee is only half. However, if the company provides partial support, a separate contract applies.
I'm a local subscriber. Will this have a big impact?
Local subscribers will see their premiums increase even with the same score, depending on the increase in the amount per point. This may be particularly impactful for those with significant assets or vehicles. We recommend checking the specific impact through the Corporation's simulation calculation.
Will long-term care insurance premiums also rise?
Long-term care insurance premiums are an additional element imposed on health insurance premiums, and any changes in the rate will affect the final burden. For accurate calculations, please check the rate separately announced by the Corporation.
finish
In summary Health insurance increaseIt is determined in proportion to the annual salary, and employees can easily find out the monthly increase by multiplying their monthly salary by 0.0005. The higher the annual salary, the higher the monthly increase. Monthly burdenThis requires individual simulations. Finally, please consider additional factors such as policy background and long-term care costs.
I hope this article helps you plan your household budget. If necessary, please let me know your annual salary and I'll provide you with a sample calculation. Health insurance increaseIf you have any further questions, please contact us