National health program has been operating in the red, reserve fund will be depleted next year
By: George Liao, Taiwan News, Staff Writer
It’s estimated that the losses of the NHI program will reach NT$7.71 billion (US$2.57 billion) by the end of next year, which has prompted the National Health Insurance Committee to hold a meeting on Friday (Nov. 20) to discuss the possibility of raising the insurance rate from the current 4.69 percent to over 5 percent, per CNA.
It’s reported that two proposals have been on the table, with the consumer's version recommending a raise of the rate to 5.47 percent, while the medical community’s version recommends hiking it to 5.52 percent.
The consumer's version will raise the monthly premium for people with a monthly salary of NT$42,000 from NT$591 to NT$689, or NT$98 more, while the medical community’s version will cost the same group of people NT$104 more, or a monthly premium of NT$695.