Social/ Health Insurance Ceiling Limit Changes
- i-admin Singapore
- Feb 6
- 1 min read
As of January 1, 2025, the ceiling limit for monthly health insurance remuneration has increased.
The new maximum combined amount for health insurance and long-term care insurance is 5,087,470 KRW for both employee and employer.
The previous and updated monthly base value limits are indicated below
* 2024: 119,625,106 KRW
* 2025: 127,056,982 KRW
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Rising ceiling limits for social and health insurance will definitely impact how people plan for long-term care, especially for seniors. It's important to stay informed and adjust budgets accordingly. For families with elderly relatives, considering options like hospice care chicago can be a wise step, as it offers compassionate support tailored to each individual's needs. Understanding how these financial changes intersect with healthcare choices can help people make better decisions for their loved ones' comfort and overall well-being.