S. Korea to dole out relief cash fund based on health insurance

Submitted by pmassetti on Thu, 04/09/2020 - 10:50
Body

koreaherald.com (03.04.2020) The government decided Friday to make emergency cash payments to households in the bottom 70 percent income bracket, financially hit by the novel coronavirus, by using March health insurance premiums as key standard. The temporary, yet controversial scheme will provide 1 million won ($814) each to four-person households with salaried workers that paid March premiums below 237,000 won, according to the government.

measures summary

The government decided to make emergency cash payments to households in the bottom 70 percent income bracket, financially hit by the novel coronavirus, by using March health insurance premiums as key standard. The temporary, yet controversial scheme will provide 1 million won ($814) each to four-person households with salaried workers that paid March premiums below 237,000 won, according to the government.

Measure date
Regions / Country
Document Type

Tags