눔프(Not-Out-Of-My-Pocket)현상 진단과 인구고령화에 따른 공사보험의 역할에 대한 시사점

Utilizing data from 5th(2012) to 7th(2014) of the National Survey of Tax and Benefit, this study examined the NOOMP(Not-Out-Of-My-Pocket) phenomenon and attempted to estimate the long-term NOOMP index. Findings confirmed that the phenomenon of NOOMP is very prevalent in Korea in that the NOOMP phenomenon observed in more than 98% of the total analysis subjects. It was more pronounced with the elderly, the low-educated the unemployed, the self-employed, and those with low-income, few assets, fewer family numbers, and more children. In particular, little difference was found between the ages of the 20s and 40s while the age of 50-64 emphasized the necessity of welfare expansion compared to the younger age. On the other hand, the elderly aged 65 and over emphasized the necessity of welfare expansion compared to the younger generation while their intention to bear tax burden was low. The NOOMP phenomenon was most prevalent among the old. The NOOMP index developed by age group was applied to the long-term population estimate of the National Statistical Office. It is projected to increase to 3.6 in 2050 from 2.34 in 2015. The aging of the population itself is also a burden on the government's finances and economic growth. If the proportion of the elderly with a strong NOOMP propensity increases, the government finances and economic growth could be even worse. Thus, government needs to maintain the firm stance that more taxes are indispensible requisite for increasing welfare level. In addition to the public insurance accounting for a large part of the government welfare budget, hence, it also becomes increasingly important to provide policy incentives for utilizing private insurance vehicles to supplement the induced self-efforts for ageing preparation.