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Taiwan Increases Maximum Health Insurance Premium Contribution

26 August 2022

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Approved Changes

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Taiwan

Taiwan's National Health Insurance Administration has published new payroll brackets for health insurance premium contributions, which are effective from 1 July 2022. The payroll brackets provide the salary basis used in determining the premium contribution amount based on progressive brackets/income tiers of actual monthly salary. The general formula used to calculate premiums for individuals is as follows: Salary Basis x insurance premium rate x contribution ratio x (1 + number of dependents (max 3)). For enterprises (employers) and the government, the same formula applies but an average number of dependents value is used instead of the actual number of dependents....