Rakuten KENPO

Rakuten KENPO

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About us

Business overview

(As of April 1, 2018)
Established April, 1, 2015
Insurance premium rates

General
8.1% (including regulation insurance premium rate)
(Employer: 4.05%; insured person: 4.05%)
Long-term care
1.30%
(Employer: 0.65%; insured person: 0.65%)

Health Insurance Society finances

The Health Insurance Society's fiscal year runs from April 1 through March 31 the following year. Its accounts are based on annual expenditures and revenues collected in the same fiscal year, a practice known as single-year accounting.

The majority of revenues come from the insurance premiums paid by insured persons and their employers. The Society also earns lesser revenues from other sources, including state subsidies for administrative costs and miscellaneous revenue.

The largest category of expenditures is insurance benefits, consisting of medical care costs incurred by members when they see a doctor and various allowances. Other expenditures include payments and benefits to support medical care for the elderly and health activity expenses and administrative costs. Since health activities are a major strong point of the Health Insurance Society, they are carried out proactively.

If a balance remains following settlement of accounts, the Society is required to add a certain amount to its statutory reserve fund, in preparation for future benefits expenditures. Any remainder may be retained as other reserves or carried over to the following fiscal year.

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