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South Korea's Insurance History

AI 3-line summary
  1. In her column, Lee Yu-jeong, MBA, looks back at the changes in Korean insurance, from the founding of Hanwha Life in 1946 to the AI era.
  2. The column highlights key milestones including the enactment of the Medical Insurance Act in 1963, universal health insurance for all citizens in 1989, and the establishment of the National Health Insurance Service in 2000.
  3. The author predicts that insurance is shifting from compensation after accidents to prevention before them, and the next column will cover whole life and term insurance.

Summary written by AI from the original article · 88 languages

South Korea's Insurance History

Read the full article (machine translation) → Original article (Korean): 대한민국 보험 역사

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