Awareness and Willingness to pay for Private health insurance: A study of Mongolian living in South Korea

Abstract

Background: The main reason for providing private health insurance is that all Mongolians living in South Korea is subject to work in heavy industries. Their chance of a workplace incident is higher, and their financial situation is less solid. Because Mongolians working and living in South Korea are going in quest of a higher wage and a better way of life. If they are involved in an accident or require medical treatment, they may not be able to cover all of their medical expenses. Because NHI only pays 60% of total medical bills and out-of-pocket expenses will be considerable. As a result, we provide them with supplementary PHI coverage for any medical expenses. We determine their awareness and willingness to pay and join private health insurance by giving them protection to major medical expense occurred by any incident fatal accidents and giving them opportunity to finance their medical care without pressure and out of pocket expenses. Methods:This cross-sectional study used a purposive sampling method to collect primary data from Mongolian people working in South Korea. There is a number of 198 Mongolian workers should be collected and analyzed. The study will have the variables which include independent variables, (Age, Gender, Marital status, Living year, Occupation, Income, Self rated health, Medical expenditure ), dependent variables (Awareness and (Willingness to pay). This study will use the valid questionnaire adopted from the two similar published studies, one as conducted in Vietnam and another one was conducted in India, Darjeeling district. Results: Knowledge and awareness about PHI is very low among Mongolians living in South Korea and the results suggest that educating Mongolians living in South Korea is essential for increasing enrollment. Information and communication strategies should be developed to increase awareness and knowledge about PHI in order to enroll PHI. One of the key factors that influences whether or not to join private health insurance is monthly income.