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Business Topic

Premiums

The premium rate of Farmer's Health Insurance is prescribed by the competent central authorities and approved by the Executive Yuan, ranging from six percent to eight percent of the monthly insured amount of the insured person,subject to approval of the Executive Yuan. After the launch of National Health Insurance program from March 1st, 1995, the premium rate is set at 2.55 percent with a monthly insured amount of NT$10,200. Thirty percent of the premiums are paid by the insured person with the remaining seventy percent paid by the government. The formula of the monthly premium is: monthly insured amount x premium rate x percentage of the premiums paid by the insured person. Monthly insurance premium payable by insured person =10,200x2.55%x30%=NT$ 78.03.

Last Update:2018-12-05
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