Guide to Studying Abroad in South Korea: Health Insurance

About Korean National Health Insurance:

• You are automatically enrolled in the national health care plan when you register for your Alien Registration Card (ARC)

• Cost depends, but it usually costs about $40 per month while you are living in Korea

• You will be mailed a bill every month to the address associated with you ARC

  • Payment types: Bank transfer at ATM, bank transfer with a bank teller, mobile payment (i.e. Kakao pay), bank transfer through banking app, etc.

• Be mindful of the payment due date, as if you pay after the date you are limited in how you can pay

Useful Phrases:

우리은행 (oo-ri eun-haeng): Woori Bank*

신한은행 (shin-han eun-haeng): Shinhan Bank**

하나은행 (ha-na eun-haeung): Hana Bank***

*Used by Yonsei University

**Used by Ewha Woman's University

***Used by Korea University