Korea's mortality rate is an huge outlier compared to most other countries dealing with this. The WHO continues to revise the average mortality worldwide upwards, even while Korea's stays low. There are a few possible explanations for why they are getting such a low mortality rate compared to everyone else:
1) The first is that there just aren't that many cases, and there aren't that many cases
because Korea been testing REALLY aggressively and quarantining their positive cases. They have already tested 140,000 people. Compare that with the US where we have only successfully managed to screen a few thousand people despite already having multiple sites with documented community transmission. It may be that this aggressive approach has limited the virus to the young and middle aged travelers who tend to spread it from abroad but who seem to die pretty rarely, and has kept it away from the elderly who are driving the mortality statistics.
2) The second possible reason is that they are the only government, so far, to standardize a protocol of treating high risk patients with antivirals (see below), even if they aren't actually in the ICU yet. China has been pioneering this but Korea is the first to protocolize it.
Finaly Korea's massive nationwide testing has pretty much confirmed that there aren't a ton of asymptomatic cases walking around out there. The mortality rate really is way, way higher than the mortality rate from flu.