State-run health insurance sees huge surplus in 2011

After fears that its reserves would be depleted in a not-too-distant future, the national health insurance fund was 600.8 billion won in the black last year and had 1.56 trillion won in reserves.

The National Health Insurance Corporation said Monday that it collected 37.9 trillion won in premiums and spent 37.3 trillion won on insurance coverage. Last year, the National Health Insurance Corp...