9.26 Million Won per Household in Support Including Health Insurance and Free School Meals… Medical Care Increases, Education Decreases

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It has been calculated that the scale of in-kind welfare provided by the state, such as health insurance, national scholarships, and free childcare, amounts to an annual average of 9.26 million won per household. Due to low birth rates and an aging population, medical expenses accounted for more than half (52.8%) of the total social in-kind transfer income. According to the ‘Income Statistics Reflecting Social In-Kind Transfers’ released by the …

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(Sejong = Yonhap News) Reporter Song Jeong-eun = Social services (social in-kind transfers) such as medical care and education provided by the government, etc., amount to an annual average of 9.26 million won per household as of 2024...