Seoul to subsidise egg freezing for Korean women

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Seoul to subsidise egg freezing for Korean women
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This will be for 300 women between 20 and 49 years old, and have resided in Seoul for over six months. Read more at straitstimes.com.

SEOUL – The Seoul Metropolitan Government said on Thursday that it will provide up to 2 million won to 300 women who wish to freeze their eggs via cryopreservation from Sept 1, as a part of the city government‘s measure toAll women of Korean nationality residing in Seoul who are of childbearing age — between ages 20 and 49 — are eligible to apply if they have resided in Seoul for more than six months and are looking to have children now or sometime in the future.

Applications must be made retroactively within a year after the cryopreservation process has been completed, and the process must begin after Sept 1 to be eligible for the support. The subsidy that the Seoul Metropolitan Government will provide is expected to cover up to half of the costs of conducting egg cryopreservation preliminary tests and medical procedure costs. Fees that are unrelated to the egg extraction process, such as storage fees and hospitalisation fees are excluded.

Seoul also signed a memorandum of understanding with the General Insurance Association of Korea during a memorandum signing ceremony on Thursday morning, which will donate up to 4 billion won until 2026 to assist the city’s project. According to the agreement, Seoul plans to provide monetary support for 150 women with a household income of 180 per cent or less of the median income, while the General Insurance Association of Korea will support the rest.

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