Long Term Care Insurance in Korea -Some lessons for Taiwan
By JinYoung Shim, 2010
Abstract
The proportion of the elderly (persons over 65) in both Taiwan and Korea is over 10% in 2008,
and it is expected to be over 14% and become a so-called "aged society" in 2018. At this moment, in 2008, Korea started long-term care insurance for senior citizens and Taiwan is now preparing for its own legislation.
This study is to analyze: One, the policy background and process of Korea long term care
insurance for senior citizens. Two, its current situation and related issues. Three, its way to
improvement and to provide Taiwan a worthwhile suggestion. This study applied historical
research and was completed by interviewing the 7 people whom influenced the policy process of
Korea long term care insurance and combining, generalizing and comparing all correlative data.
The conclusions of this study are as follows: the long term care insurance act in Korea promoted
the life quality of the elderly, reduced burdens of family caregivers, effectively managed Korea
national health care insurance and even created new job opportunity. However, the speed and a
method of policy process influenced the current system in both positive and negative ways.
Findings of this study may affirm the room for improvement of the long term care insurance in
Korea; Meanwhile, providing a suggestion on future long term care insurance policy in Taiwan.
This study can be used for reviewing and referencing for long term care insurance in Taiwan and its service system.
Key Words: Korea, Long Term Care Insurance, Social Insurance
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