How much does medical insurance cost?
According to Korean law, Korean employers must provide their teachers with health care insurance. Most employers choose to go with the Korean National Health Insurance Plan. The cost of this Insurance is split 50-50 between the employer and the teacher. The amount that the teacher would pay amounts to 2.59% of your monthly salary. This insurance is not effective until your residency in Korea has been provided (when you receive your Alien Registration Card), which is usually around 2-4 weeks after arrival to Korea. Please check to make sure that you are enrolled in the Medical Plan by looking at the deductions from your pay sheet. These medical deductions should be stated clearly on your pay sheet. If they are not there, you may not be registered in the Plan.
