By: Ko Lin, Taiwan News, Staff Writer
Finances for the National Health Insurance (NHI) have remained adequate for the month
in July, with an estimated NT$200 billion (US$6.6 billion) reserve funds capable of withstanding Taiwan’s growing health expenditure, according to Chu Tong-kuang, director of the Ministry of Health and Welfare’s Department of Social Insurance.
The reserve fund has recorded an all-time high since the inception of the universal insurance program, he said, noting that the ministry will discuss the feasibility to reduce the monthly NHI fee for the next fiscal year.
According to Chu, the fund will be kept in reserve to balance out any deficit should there be a surplus of expenditure in the future.
The proposed plan to reduce the monthly NHI charges per person will be carved out by the end of October for further review by the MOHW in November, he said. [FULL STORY]