Healthcare in South Korea is universal, although a significant portion of healthcare is privately funded. South Korea's healthcare system is based on the National Health Insurance Service, a public health insurance program run by the Ministry of Health and Welfare to which South Koreans of sufficient income must pay contributions in order to insure themselves and their dependants, and the Medical Aid Program, a social welfare program run by the central government and local governments to insure those unable to pay National Health Insurance contributions. In 2015, South Korea ranked first in the OECD for healthcare access.[1] Satisfaction of healthcare has been consistently among the highest in the world – South Korea was rated as the second most efficient healthcare system by Bloomberg.[2][3] Health insurance in South Korea is single-payer system.[4] The introduction of health insurance resulted in a significant surge in the utilization of healthcare services. Healthcare providers are overburdened by government taking advantage of them.[5][6][7]
^Kwon, Soonman (2003). "Healthcare financing reform and the new single-payer system in the Republic of Korea: social solidarity or efficiency?". International Social Security Review. 56: 75–94. doi:10.1111/1468-246X.00150. S2CID154974799.