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Taiwan Increases Maximum Health Insurance Premium Contribution

|Approved Changes|Taiwan
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 depende…

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