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Health & Insurance

NHIS Premium Estimator

Estimate your monthly health insurance premiums as a "Local Subscriber" (Freelancer/Business) in South Korea. Updated for 2026.

Your net profit after business expenses from the previous tax year.

2026 Estimative Rates

Local premiums are calculated based on Points. For 2026, we estimate ₩214.5 per point. Property points are deducted forJeonse/Wolse deposits up to ₩50M.

Estimated Monthly Premium

₩0

건강보험료 + 장기요양보험료

Breakdown

Income Points 0 pts
Property Points 0 pts
Vehicle Points 0 pts
Health Insurance (Base) ₩0
Long-term Care (12.81%) ₩0
Monthly Total 2026 ESTIMATE
₩0
Insider Recommendations & Support

How NHIS Premiums Work for Freelancers (2026)

Unlike regular employees whose health insurance (건강보험) is split 50/50 with their employer, Local Subscribers (지역가입자)—including freelancers, business owners, and non-working expats—must pay the full premium themselves. These premiums are calculated using a complex "Point System" that evaluates your income, owned assets, and vehicles.

The Three Pillars of Local NHIS Calculation

Income

Based on your reported global income from the previous year. ₩3.3M is excluded for low income earners.

Assets

Includes owned real estate and Jeonse/Wolse deposits. A ₩50M basic deduction applies to all resident households.

Vehicles

Only vehicles exceeding ₩40M in value (or specific age/engine criteria) are now taxed as of the 2026 reforms.

The 2026 Reforms: What Changed?

The Korean government has simplified the calculation to reduce the burden on lower-income households. Key changes in 2026 include:

  • Increased Asset Deduction: The base deduction for housing deposits has been standardized to ₩50,000,000 across all regions.
  • Vehicle Exemption: Most family cars and older vehicles are no longer included in the point calculation unless they are considered "Luxury Assets."
  • Minimum Premium: For those with zero income and minimal property, a "Bottom Floor" premium of approx. ₩21,000 still applies.

💡 Insider Strategy: The F-2-7 Freelancer Tip

If your annual income exceeds ₩72M, you might find that the local subscriber rate is significantly higher than being a workplace subscriber. Many freelancers choose to set up a "One-Person Company" (Personal Corporation) to keep their health insurance rates fixed at the employee rate of ~3.5%.

Frequently Asked Questions

When do I switch from workplace to local insurance?

You automatically switch to a local subscriber the day after you leave your job (the loss of "Workplace Subscriber" status). NHIS will send an invoice to your registered address via mail.

Can I include my parents as dependents?

Yes, but only if you are a Workplace Subscriber. Local subscribers cannot have "dependents" (피부양자) on their plan; each adult in a local household is calculated together as a unit.