GB LABS
MEDICAL WELFARE SOCIAL COOPERATIVE

Care for Life, with Your Own Doctor

From good health to life’s final chapter, a primary care physician who knows you is always by your side.

An elderly man walking alone along an autumn path
01THE NEED

Why We Need a New Model of Care

  • Aging & Chronic IllnessMore people live with several chronic conditions at once, making treatment and medication management increasingly complex.
  • Limits of Family CareWith more single-person and elderly households, families can no longer shoulder medical care and caregiving alone.
  • Fragmented NavigationPatients visit many hospitals and specialties, yet no one sees the whole picture or connects the pieces.

Medical care and caregiving can no longer be left to individuals and families alone.

02THE PROBLEM

Today’s Biggest Problem: Fragmentation

Patients and families shuttle between local clinics, specialist clinics, university hospitals, care hospitals and care agencies, connecting information and carrying every decision themselves.

THE KEY QUESTION

Who sees the whole picture, connects the dots, and takes responsibility?

  • Fragmented treatment
  • Risk of duplicate tests
  • Growing burden on patients and families
Diagram of a patient surrounded by scattered clinics, hospitals and care agencies
03OUR SOLUTION

Our Answer: Connection

Not a doctor who treats a single disease, but a primary care physician who knows and cares for a whole life, anchoring every step of care.

  1. 1Prevention & Wellness
  2. 2Chronic Care
  3. 3Specialist Care
  4. 4Hospital & Surgery
  5. 5Home Care

From health to the end of life, a doctor who truly knows you is with you.

Sharing meals, going to the clinic together, and staying connected to your doctor from home
04TEAM-BASED CARE

Not One Doctor Alone, but a Whole Team

  • A primary physician reviewing records with a specialist

    Specialist Consultation

    Your primary physician consults directly with cardiology, neurology, endocrinology, rehabilitation and mental-health specialists as needed.

  • Doctors, nurses and caregivers in discussion

    Partner Network

    Secondary and tertiary hospitals, care hospitals, nurses, pharmacists, social workers and caregivers work as one team.

  • A doctor holding an elderly patient’s hand

    Continuous Care

    Referrals to specialists and hospitals only when truly needed, with your physician knowing you from start to finish.

05LIFELONG CARE

What the Medical Welfare Social Cooperative Will Do

  1. A community blood pressure and glucose education session
    1

    While You’re Healthy

    Prevention, health education, lifestyle coaching and check-up management

  2. An elderly patient walking through a hospital with family
    2

    When You’re Ill

    Lifelong primary care, chronic disease management, specialist collaboration and appropriate care

  3. A doctor making a home visit
    3

    When Mobility Declines

    Home visits by doctors and nurses, home-based medical care and caregiving

  4. Family and neighbors sharing a meal
    4

    To the Very End

    Frailty care, palliative care, well-dying and family support

Prevention → Treatment → Home Care → Caregiving & Well-dying: care across the entire life course

06THE COOPERATIVE

Why a Medical Welfare Social Cooperative?

Conventional Providers

The provider delivers services and patients use them when needed. When treatment ends, so does the relationship.

  • Service provider
  • One-off relationship
  • Consumer

Our Co-op

Members invest and participate together, building the healthcare and care system we want.

  • Participation
  • Trust
  • Community

We are not consumers of healthcare; we are owners of a care community.

07WHAT SETS US APART

What Makes Us Different

  1. 01

    Lifelong Primary Physician

    Not just a co-op-run clinic, but a doctor who knows you for years and is responsible for your overall health.

  2. 02

    Specialist Advisory Board

    You choose one primary physician, yet benefit from the expertise of cardiology, neurology, endocrinology, rehabilitation and more.

  3. 03

    Connected Care

    A platform linking primary care → specialists → hospitals → home care → caregiving.

  4. 04

    Appropriate Care

    Nothing unnecessary, yet the best medicine and caregiving delivered with dignity.

  5. 05

    Whole-Life Continuum

    Health → illness → specialist care → hospitalization → recovery → frailty → home → caregiving → well-dying, seen as one journey.

How We Differ from Existing Medical Co-ops
Medical
  • No gaps in care: primary, secondary and tertiary care, acute and long-term care hospitals and the home are all connected, plus telemedicine
  • Multidisciplinary consultation under the primary physician’s responsibility for remote, appropriate and personalized care
  • Medication delivery
  • Quality assurance: support for physicians’ academic activities and training, multidisciplinary review
  • Hospice care for those who choose to die at home
Service
  • Communication and coaching for clinicians, caregivers and service recipients, putting human dignity into practice
Funding
  • Expanding charitable donations
Business
  • Catering
  • Coaching education
  • Total funeral services
  • Cosmetics
  • Wellness

One physician who knows you, a team of specialists behind them, and care that continues to the very end.

08PARTNER NETWORK

The Care Team Behind You

Centered on primary care, hospitals, pharmacies, care professionals and educators move as one team.

Partner Institutions & Professionals
  • Primary care clinic
  • Secondary/tertiary & acute care hospitals
  • Pharmacies
  • Day-care centers
  • Home-care nurses
  • Care workers
  • Social workers
  • Coaching & education institutes
  • Accounting firm
Specialist Advisory Board
  • 01Internal medicine
    CardiologyNeurologyEndocrinologyNephrologyGastroenterology
  • 02Surgical specialties
    General surgeryNeurosurgeryCardiothoracic surgeryOphthalmologyOtolaryngology (ENT)Obstetrics & gynecologyUrologyOrthopedicsPlastic surgery
  • 03Dentistry

Memoranda of understanding (MOUs) with partner institutions will be signed in stages.

09BUSINESS MODEL

A Sustainable Revenue Model

Minimizing Out-of-Pocket Costs

  • Participation in prevention programs
  • Participation in care-management programs
  • Appropriate, personalized care through multidisciplinary teams

※ Treatment beyond what is recommended is fully self-paid.

  • Base

    Membership Fees

    Member capital contributions and joining fees

  • Medical

    Health Insurance

    National Health Insurance reimbursement plus patient co-payments

  • Care

    Long-Term Care Insurance

    Reimbursement for home care and visiting nursing services

  • Funding

    Donations

    Public-interest funding through charitable giving

  • Business

    Consulting & Coaching Education

    Exporting the model and advisory services, coaching education

  • Scale-up

    Diversification

    Expanding into total funeral services, catering, cosmetics and wellness

10NEW BUSINESS

Total Funeral Services

A funeral is a precious time to mourn the departed and welcome those who come to pay their respects.

The Burden of the Unfamiliar: Funerals

14%
Actual share of deaths at home

Home is where most Koreans would prefer to spend their final moments, yet only 14% actually die at home.

  • Hospice care is hard to access.
  • Families are unfamiliar with administrative steps such as death certificates.
  • Information on costs, crematoria and burial sites is scarce, and dealing with dominant providers is difficult.
  • Families need help sorting the belongings of the deceased.
A Growing Funeral Services MarketPrepaid funeral plan deposits (half-yearly, KRW trillion)
0
2
4
6
H1 ’18H2 ’18H1 ’19H2 ’19H1 ’20H2 ’20H1 ’21
View as table
H1 ’184.77
H2 ’185.08
H1 ’195.27
H2 ’195.58
H1 ’205.88
H2 ’206.21
H1 ’216.66

Korea’s Total Funeral Service Landscape

  • Large prepaid funeral companies

    Funeral hall booking, funeral rites (washing, encoffining, procession, cremation), hearse and burial-site booking

    Limitation: Focused on standard packages; little post-death support for single-person households or those without family

  • Total funeral specialists

    Customized funerals, estate and belongings clean-up, pre-planning (ending notes), services for those without kin

    Limitation: No established post-death affairs mandate system like Japan’s

  • Estate clean-up companies

    Sorting and disposal of belongings, sanitizing and clearing lonely-death sites, estate management

    Limitation: Rarely connected directly to funeral services

Most services connect through hospitals and funeral halls; support for deaths at home is almost nonexistent.

Korea vs. Japan

  • Service providers
    Korea
    Prepaid funeral firms and a few specialists
    Japan
    Large funeral firms, local funeral directors, NPOs
  • Customized funerals
    Korea
    △ Partially offered
    Japan
    ◎ Family, non-religious, natural burials and more
  • Estate clean-up
    Korea
    ○ Specialist firms exist
    Japan
    ◎ Integrated with funeral services
  • End-of-life planning
    Korea
    △ Early stage
    Japan
    ◎ Advance contracts and ending notes are common
  • Support for those without kin
    Korea
    △ Some public support
    Japan
    ◎ Active through NPOs and communities
  • ✓Compared with Japan, Korea lacks post-funeral care such as end-of-life planning and estate settlement; services center on the funeral itself.
  • ✓Estate clean-up services are growing, and end-of-life planning is developing from an early stage.

Our Total Funeral Services

  1. 01

    Hospice + Bedside Vigil Care

    The primary physician and home-care nurse stay with you through the final hours at home.

  2. 02

    Administrative Support

    Death certificates, choosing a funeral hall, managing the entire funeral process, memorial video production

  3. 03

    Estate & Post-Death Affairs

    Sorting belongings, administrative procedures and digital clean-up services

Who Is With You
  • Primary physician
  • Home-care nurse
  • Care worker
  • Well-dying caregiver
  • Funeral director
  • Administrator
11OPERATING MODEL

How We Will Start and Operate

Residents and clinicians gathered at a co-op information session
  1. 1

    Recruit Members

    500+ members who share our vision

  2. 2

    Joint Investment

    Total capital of KRW 100 million or more

  3. 3

    Open a Primary Care Clinic

    A primary care clinic built around lifelong physicians

  4. 4

    Build a Referral Network

    Specialist advisory board + partner hospitals

  5. 5

    Prevention to Home Care

    Home visits by doctors and nurses, caregiving services

  6. 6

    Expand Locally

    Step-by-step growth around neighborhoods

We start small, but build a system that connects an entire life.

12ROADMAP

Our Roadmap

  1. STEP 1

    Member Recruitment

    Citizens, primary care clinicians, home-care nurses, care workers, pharmacists and administrators

  2. STEP 2

    Secondary/Tertiary Hospital MOU

    Securing partner hospitals for admission, surgery and specialist care

  3. STEP 3

    Day-Care Center MOU

    Building links to daytime care

  4. STEP 4

    Education Partner (IC&RC) MOU

    Coaching education for clinicians and caregivers

  5. STEP 5

    Member-Led Prevention Programs

    Developing and running participatory health programs

  6. STEP 6

    Total Funeral Services

    Launching services that continue to life’s end

13FOUNDING

Requirements & Founding Process

A medical welfare social cooperative must meet stricter requirements than a standard social cooperative.

  • Approving authority
    Social Cooperative
    Relevant ministry
    Medical Welfare Social Cooperative
    Ministry of Health and Welfare
  • Minimum members
    Social Cooperative
    5
    Medical Welfare Social Cooperative
    500
  • Minimum total capital
    Social Cooperative
    No limit
    Medical Welfare Social Cooperative
    KRW 100 million
  • Minimum per member
    Social Cooperative
    No limit
    Medical Welfare Social Cooperative
    KRW 50,000
  • Maximum per member
    Social Cooperative
    Up to 30% of paid-in capital
    Medical Welfare Social Cooperative
    Up to 10% of paid-in capital
  • Use by non-members
    Social Cooperative
    No limit
    Medical Welfare Social Cooperative
    Up to 50% of total supply

Founding Procedure

  1. 1Recruit Founders

    At least five people eligible for membership

  2. 2Draft Articles

    Written by founders and signed by all

  3. 3Gather Consent

    Consent forms submitted to the founders

  4. 4Announce Assembly

    Public notice at least 7 days in advance

  5. 5Inaugural Assembly

    Minutes of the inaugural assembly

  6. 6Apply for Approval

    Filed with the competent ministry

  7. 7Receive Approval

    Issued within 60 days of application

  8. 8Hand Over Affairs

    Founders transfer to the chairperson

  9. 9Pay in Capital

    Members deposit into the chair’s account

  10. 10Register

    At the registry office of the main office

  11. 11Business Registration

    At the tax office of the main office

14VISION & MISSION

“Even as I grow old, fall ill, or lose mobility, there is someone who knows me and cares for me.”

A Care Community with Your Lifelong Doctor

Vision
As a family-like community, we live lives of dignity and build a healthier society.
Mission
We strive for dignified care and medical welfare, put the value of human respect into practice, and build happy lives together.