National Health Insurance Service to Allow Installment Payments for Adjustment Premiums if They Exceed the Minimum

The National Health Insurance Service (NHIS) announced that it will significantly ease the criteria for installment payments of health insurance adjustment premiums for employed subscribers who owe additional payments due to year-end tax settlements and other reasons.

The NHIS operates an installment payment system for adjustment premiums to ease the financial burden on employed subscribers who incur additional premiums resulting from wage increases and other factors.

Conventionally, adjustment premiums are reflected and billed in the April premiums as a lump sum, but employers can apply to the NHIS for up to 12 installment payments by the April premium payment deadline.

Previously, installment payments were only permitted when the adjustment premium was equal to or greater than the subscriber's monthly premium for that month. However, starting tomorrow, subscribers will be able to split their payments into up to 12 installments as long as the amount exceeds the minimum insurance premium.

As of this year, the minimum subscriber-share insurance premium is 10,080 won.

For example, if an employed subscriber with a monthly insurance premium of 150,000 won incurs an adjustment premium of 140,000 won, they were previously ineligible for installment payments. Under the new rule, however, they will be able to pay it in up to 12 installments.

This revision will be applied starting with the adjustment premiums for next month.

The NHIS projected that this will also apply to the year-end settlement insurance premiums additionally levied on employed subscribers in April of next year, thereby easing the burden of installment payments for workers.
 
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.