Among foreigners receiving national health insurance benefits in Korea, only Chinese are known to cause financial losses, and it has been revealed that a considerable number of Chinese have taken out insurance payments of up to tens of millions of won by subscribing to private insurance such as real-life insurance in Korea. This became known when some Chinese people registered on social media that they received benefits from Korean private insurance .

According to Money Today’s coverage on the 22nd, ‘Xiaohongshu’, which is recently called the Chinese version of Instagram, has hundreds of reviews and proof shots from Chinese people who have received benefits by signing up for private insurance such as ‘indemnity insurance’ as well as ‘fixed-term security product’ in Korea. is searched ‘Indemnity insurance’ is, simply put, ‘returning most of the money you paid’, and is an insurance product that compensates for the actual medical expenses paid by the subscriber when receiving treatment for illness or injury. Indemnity insurance is an insurance product often referred to as ‘silly expenses’. You can receive compensation for the rest except for the co-payment of the benefit item and the self-payment of the non-pay item. On the other hand, the ‘flat-rate security product (or flat-rate insurance)’ covers diagnosis, surgery, and hospitalization expenses. For example, if a person who has subscribed to a product with a cancer diagnosis fee of 10 million won is diagnosed with cancer, he or she receives most of the medical expenses paid to the hospital as actual expenses, but if the person receives a diagnosis fee of 10 million won separately, they can take 10 million won separately.

A Chinese woman, A, underwent an operation worth 30 million won in Korea at an otolaryngology clinic in Gangnam-gu, Seoul last October, and paid a total of 2.6 million won excluding the public corporation’s contribution (400,000 won). He later claimed her actual expenses to her insurance company and received 2 million won back. He said he had purchased a real-life insurance policy of 10,000 won per month from Meritz Fire, she said. Comments were posted on the post, such as “The actual insurance premium is less than 20,000 won a month? It’s so cheap?”, “I also had an 8 million won surgery, but only paid 2 million won”, and “I need to sign up right away.”

How many private insurance benefits do Chinese people in Korea receive?

According to the insurance industry, there is no data on the status of Korean private insurance subscriptions specific to Chinese residing in Korea. However, from the research data of the Insurance Research Institute last year, the enthusiasm of Chinese people can be inferred. According to this study, between 2014 and 2020, the rate of increase in insurance subscriptions among ‘registered foreigners’ in Korea was higher than that of Koreans. A ‘registered foreigner’ is a person who has stayed in Korea for more than 90 days and has been issued an alien registration card, and is eligible for insurance in Korea.

In particular, among registered foreigners, those in their 30s (up 20.7%) and those in their 60s and older (up 21.3%) saw the steepest increase in insurance subscriptions. Koreans in their 30s in the same age group decreased by 2.2%, and those in their 60s increased by only 11.2%. In 2020, there were 1,146,000 registered foreigners in Korea, the majority of whom were ethnic Koreans (287,000) and Asians (774,000). The majority of Asians here are Chinese, including Han Chinese, and Vietnamese. In short, Chinese, including Korean-Chinese, account for the largest number of foreigners staying in Korea for more than 90 days. Their insurance claim items were diagnosis of disease (26.8%), loss of hospitalization expenses due to disease (18.9%), loss of hospitalization expenses due to disease (

The problem is that when Chinese people apply for insurance in Korea, there is no way to know even if a patient with an existing medical history falsely먹튀검증 checks “no medical history”. For example, the insurance industry also raises the possibility that if a person is diagnosed with cancer in China and stays in Korea for more than 90 days without receiving treatment, then falsely checks that he or she has no cancer history and subscribes to the insurance policy, he or she can receive all of the cancer diagnosis money. An official from the insurance industry said, “If a significant portion of false or excessive claims are included in that way, insurance money is leaking.”

In Xiaohongshu, there are also quite a few posts of ‘highly paid certification’ that claim to have been rewarded close to tens of millions of won. Mr. B, a Chinese national, received three surgeries in Korea last year and captured and boasted the details of the deposit from the insurance company. According to this article, Mr. B received 3 million won from AIG damage insurance and 350,000 won from Lina Life Insurance after surgery in Korea in August of last year. An insurance industry official said, “In many cases, actual expenses are deposited in specific numbers up to 1 won, but if the last four digits end in 0, it is more likely to be a fixed-rate security product than actual expenses.”

In October of that year, Mr. B received 3.3 million won (estimated fixed-collateral product) and 24,588 won (estimated actual cost) from Meritz Fire & Marine Insurance, and 10,155,997 won (estimated actual cost) and 1,104,324 won (estimated actual cost) from Hyundai Marine & Fire Insurance. . A total of 17,934,909 won was compensated. Mr. B added, “In Korea, it is very easy to receive compensation after undergoing surgery. If you claim, the money comes quickly within a few days.” In the comments, he praised him as “a master at betting on insurance money,” and said, “I should also buy insurance in Korea today.” An insurance industry official added, “If you receive a large amount of insurance money, there is a possibility that it is a false subscription or false claim due to a violation of the obligation to notify at the time of subscription.”

16.8%), surgery for disease (6.8%), and death from injury (4%).