South Korea's Financial Services Commission (FSC) unveiled new design standards for 5th-generation indemnity health insurance, strengthening sales channel accountability and introducing stricter capital requirements to enhance industry stability.
#YonhapInfomax #FinancialServicesCommission #IndemnityInsurance #KICS #InsuranceSalesChannels #CapitalRequirements #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=100076

South Korea's Financial Services Commission will launch fifth-generation indemnity insurance in 2025, aiming to cut premiums by at least 30% and enhance consumer protection, while expanding insurance support for dementia patients and vulnerable groups.
#YonhapInfomax #FinancialServicesCommission #IndemnityInsurance #PremiumReduction #DementiaTrusts #ConsumerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96384

South Korea’s Financial Services Commission expands digital indemnity insurance claims, enabling policyholders to file via Naver and Toss, with over 23,000 medical institutions now connected.
#YonhapInfomax #FinancialServicesCommission #Naver #Toss #IndemnityInsurance #Silson24 #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=92731

South Korea will expand digital indemnity insurance claims to clinics and pharmacies from the 25th, streamlining the process and boosting participation rates among medical institutions.
#YonhapInfomax #IndemnityInsurance #FinancialServicesCommission #Silson24 #DigitalClaims #MedicalInstitutions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86863

Over a year after South Korea launched its digital indemnity insurance claims system, more than half of public medical institutions remain unconnected, with low participation rates especially among facilities serving vulnerable groups, despite significant government investment and incentives.
#YonhapInfomax #IndemnityInsurance #PublicMedicalInstitutions #Digitalization #ParticipationRate #KimJaeSeop #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82387

Audit reveals indemnity and auto insurance causing trillion-won deficits in National Health Insurance, highlighting excessive medical use and arbitrary future treatment cost payments
#YonhapInfomax #NationalHealthInsurance #IndemnityInsurance #AutoInsurance #MedicalCosts #InsuranceAudit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63172

Indemnity health insurance in South Korea sees deficit reduction due to improved loss ratio, but concerns rise over concentration in specific non-covered medical treatments, prompting regulatory action.
#YonhapInfomax #IndemnityInsurance #LossRatio #NonCoveredItems #HealthcareReform #InsurancePayments #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62767

Financial authorities aim to reduce indemnity insurance premiums by up to 50% through coverage-based self-pay rate differentiation, addressing rising costs and improving fairness in the insurance system.
#YonhapInfomax #IndemnityInsurance #PremiumReduction #FinancialServicesCommission #SelfPayRates #InsuranceReform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56552

Professional indemnity for doctors and medical practitioners covers legal fees, court-awarded damages, or settlement compensation for claims arising. Ensure you're protected! #MedicalProfessionals #IndemnityInsurance #HealthcareSafety #InvestSmart #finvestindia