We’re all cost conscious. After all, who wants to pay more than they have to? Hell, not me. During the past two days I wrote about the two types of health insurance available to non-Japanese nationals in Japan so now you know that your co-pay is reduced to 30% of the total cost. But how much does it cost for this benefit?
Employee Health Insurance You are assigned something called a standard remuneration （標準報酬月額） based on your monthly salary bracket which is a range your monthly salary falls under. For each salary bracket, and its corresponding standard remuneration, there is a set premium amount that is deducted from your paycheck and for which the company contributes a matching amount. The attachment to this blog is the premium chart where you can find what your salary bracket is. For example, if you earn 360,000 yen a month, your salary bracket is 350,000 ～370,000, the corresponding standard remuneration is 360,000 yen, and the set Health Insurance premium is 14,760 yen per month. The example is highlighted in pink for presentation purposes.
Standard remuneration is initially assigned to you at the time you join the company and is reviewed each year in July. The review process is somewhat complicated but your standard remuneration can go up or down each year.
National Health Insurance Figuring out the premium for National Health Insurance is more complicated than figuring out the premium for Employees’ Health Insurance because each municipal government has their own way of assessing how much your premium is going to be. No kidding. Of the 3,000 or so municipalities in Japan, each of them have their own way of figuring out how much premium you should pay for your National Health Insurance. Of course, there are many similarities among neighboring municipalities, but still, it’s not uniform. In many cases thought, it tends to be higher than what you would pay under the Employees’ Health Insurance system. Please consult a Certified Social Insurance and Labor Consultant (you can email me from my website) or your local government office for more detail.
Thinking about working in Japan? Preparing to move overseas almost becomes a full-time job in the final weeks of your departure. Many people quit their jobs weeks before so they can devote their time to preparation. But what about your health insurance? Short-term health insurance plans are a great solution. ↓
Below are links to Certified Social Insurance and Labor Consultants providing services in English. Also below are useful links related to working in Japan and links to women balancing career and personal happiness. WJA realizes and promotes women's increasing value in the labor market.