Living and working in a foreign country involves navigating various aspects of daily life, including social insurances. In Japan, social insurances play a crucial role in ensuring the well-being and security of its residents.
In this comprehensive guide, we will provide an overview of the main types of social insurances in Japan, including health insurance, long-term care insurance, pension insurance, employment insurance, and workers’ compensation insurance, and its application for foreign residents in Japan. For more detailed information on each insurance type, you can follow the links provided throughout this post. By clicking on the links, you can delve into the specifics and gain a deeper understanding of the significance of these insurances for expats residing in Japan.
Public Health Insurance (公的医療保険)
Public health insurance in Japan is a reliable system that provides affordable medical coverage for injuries and illnesses. Thanks to it, everyone can obtain sufficient medical care including medicines, dental care, hospitalization, vaccinations and even surgeries and chemotherapies. Health Insurance is mandatory for all residents of Japan, regardless of their nationality or employment status. There are different types of health insurance based on whether an individual is an employee or not. To learn more about health insurance in Japan, including its benefits and enrollment process, click [here].
Long-Term Care Insurance (介護保険)
Long-term care insurance is designed to provide support and care for individuals who require assistance due to aging. As the fastest aging society, it is crucial life support for residents in Japan today. It is mandatory for individuals over the age of 40 to participate it and pay its fee. For detailed information on eligibility criteria, coverage, and enrollment process for long-term care insurance in Japan, refer to our article [here].
Pension Insurance (年金保険)
Pension insurance offers financial support to individuals when they reach a certain age or experience disabilities. It is intended to provide elders to afford neat life quality even after their retirement. Nowadays, the majority of the population in Japan are getting the national pention, and not small number of people are relying their income entirely on it. All residents of Japan who have reached the age of adulthood are required to participate in the pension insurance system by paying the fee. To gain insight into the intricacies of pension insurance, including eligibility requirements and coverage, visit our article [here].
Employment Insurance (雇用保険)
Employment insurance provides temporary various assistance to individuals who have lost their jobs or are struggling to find employment. The aids it offers vary from financial support for job loss and vocational training. It is exclusively available to employees. The amount and duration of benefits depend on various factors such as the reason for leaving employment. If you want to understand more about employment insurance in Japan, including eligibility, benefits, and application process, click [here].
Workers’ Compensation Insurance (労災保険)
Workers’ compensation insurance is designed to provide compensation to employees who sustain work-related injuries or disabilities. It is mandatory for employees in Japan, but the insurance fee is totaly employer’s responsibility. To learn about the coverage, claims process, and important considerations related to workers’ compensation insurance, refer to our article [here].
Conclusion
Understanding social insurances in Japan is essential for expats to navigate their lives and careers effectively. By familiarizing yourself with health insurance, long-term care insurance, pension insurance, employment insurance, and workers’ compensation insurance, you can ensure financial security and access to necessary support systems. Explore the links below to access detailed articles on each insurance type, providing you with a comprehensive understanding of social insurances in Japan.
Remember, being informed about these social insurances empowers you to make informed decisions and protect your well-being during your stay in Japan.