PwC Moldova,Tax and Legal Alert no. 2/2018 - Approval of the Laws on Compulsory Health Insurance Funds and State Social Security for 2018

PwC Moldova,Tax and Legal Alert no. 2/2018 - Approval of the Laws on Compulsory Health Insurance Funds and State Social Security for 2018

• 11.01.2018

In brief

The Parliament of the Republic of Moldova recently approved the Law on compulsory health insurance funds for 2018 (“Law on CHIF 2018”) and the Law on the state social security budget for 2018 (“Law on SSSB 2018”), as well as amendments on Law no. 1585/1998 on compulsory health insurance, Law no. 489/1999 on public social security system and Law no. 1593/2002 on amount, methodology and terms of payment of compulsory health insurance contributions. 

In detail

Compulsory health insurance According to the approved law, health insurance contribution rates have been maintained at 9% of the labour remuneration fund and other forms of remuneration (i.e. 4.5% for employees and 4.5% for employers).

The fixed amount of health insurance contribution has been maintained at MDL 4,056 per year. Compulsory health insurance contributions as a percentage applied to the remuneration fund and other forms of remuneration have to be paid by the twenty-fifth day of the month following that in which the payments are performed. The limitation period for cancellation of overpayments registered is set at three years. If the insured event (illness or other effect on insured employees) occurs by submission of IPC18 Form, companies have to submit to the State Fiscal Authority (i.e. in electronic format) or to the National Medical Insurance Company (i.e. on paper) the information regarding the initiation of the labour relationship according to the nominal list of insured employees.

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