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Essential Tips on Excess Medical Expenses Above the Out-of-Pocket Maximum for Health Insurance Subscribers

  • Written Language: Korean
  • Country: South Koreacountry-flag
  • Economy

Created: 2024-10-04

Created: 2024-10-04 01:36

Worried about medical expenses? Learn about the Excess of Self-Pay Upper Limit System.

Many people feel a significant financial burden due to high medical expenses each year. This burden can be even greater for those with chronic illnesses or who have undergone major surgeries. However, there is a benefit available to all health insurance subscribers: the Excess of Self-Pay Upper Limit.

What is the Excess of Self-Pay Upper Limit?

Simply put, if your total medical expenses for the year exceed a certain amount, you will receive a refund for the excess. In essence, it's a government support system designed to help those facing financial hardship due to medical bills.

What are the benefits of the Excess of Self-Pay Upper Limit System?

Reduced financial burden: Alleviates the burden of high medical expenses resulting from unexpected illnesses or injuries.
Access to stable medical services: Prevents individuals from forgoing treatment due to financial constraints.
Healthy living: Supports maintaining a healthy life by preventing health deterioration due to illness or injury.

So, how do you receive the Excess of Self-Pay Upper Limit?

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