Parent Care Cost Calculator

Parent Care Cost Calculator helps Estimate one-time and recurring household costs over a selected planning period.

Care gradeCare typeCopayment reductionYears until care starts

Scenario: Grade 3 / Home care
Monthly copayment: ₩141,039
Monthly non-covered: ₩980,000
Facility comparison: ₩1,137,740

Monthly self-pay

₩1,121,039

Insurance benefit basis

₩940,260

Inflated total need

₩101,758,344

Monthly saving plan

₩728,190

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Parent care cost calculator guide

This English page translates the Korean parent-care cost calculator and calls calculateParentCareCost. It preserves 2026 long-term-care grade limits, home-care, facility, nursing-hospital branches, copayment reduction rates, non-covered cost defaults, care-cost inflation, return-rate presets, and monthly savings plan.

2026 long-term-care limits and rates

The home-care monthly benefit limits in the source include KRW 2,512,900 for grade 1, KRW 2,331,200 for grade 2, KRW 1,528,200 for grade 3, KRW 1,409,700 for grade 4, KRW 1,208,900 for grade 5, and KRW 676,320 for cognitive-support grade.

Facility daily rates differ by nursing home and group home. A nursing home uses daily values such as KRW 93,070 for grade 1, KRW 86,340 for grade 2, and KRW 81,540 for grades 3 and 4. Visit-care costs are calculated from minutes, days per week, and 4.33 weeks per month.

Copayment and non-covered cost

General copayment is 15% for home-care benefits and 20% for facility benefits. Reduction levels adjust those to 9%/12%, 6%/8%, or 0%/0%. Nursing hospital cost uses health-insurance-style 20% inpatient copayment and separate non-covered items.

Non-covered costs are central. Facility examples include meals, snacks, beauty care, supplies, and other items. Nursing hospital examples include meals, private caregiver cost, non-covered medical items, and supplies. Home care includes additional private care, transport, supplies, and meals.

Future projection and saving plan

The Korean source projects future care cost by applying a care-cost inflation rate of 3.5% when enabled. It then estimates a monthly savings amount using return presets such as deposit 3%, bond 4%, and mixed investment 6%.

Use this calculator to compare home care, facility care, and nursing-hospital care before a crisis decision. Real eligibility and benefit amounts depend on the official long-term-care grade, facility status, income reduction category, local rules, and current NHIS notices.