Amendment to the Universal Health Insurance Law
Purpose: Increase the health insurance premium from 7.75% to 8% of gross
employee income (minus social insurance) as of January 1, 2003. This 0.25%
could not be deducted from the tax base, resulting in an increase in
personal income tax.
Affected: Employers, HR departments Timing: Submitted by a group of parliamentarians in November. First, second and third readings also in November. Awaits consideration by the Senate.
Affected: Employers, HR departments Timing: Submitted by a group of parliamentarians in November. First, second and third readings also in November. Awaits consideration by the Senate.
