What is national health insurance in SAP PY-TW - Taiwan, China?

SAP Term: national health insurance

• Component: PY-TW

• Component Name: Taiwan, China

• Description: Part of the social welfare system which provides medical benefits to all local residents and to foreigners meeting certain conditions. Sickness benefits Injury benefits Childbirth benefits

Smart SAP Assistant

• Key Concepts: 
  National Health Insurance (NHI) is a social insurance program in Taiwan, China that provides comprehensive medical coverage to all citizens. It is funded by premiums paid by employers and employees, as well as government subsidies. The program covers a wide range of medical services, including hospitalization, outpatient care, preventive care, and long-term care. 
  
  How to use it: 
  Employers and employees in Taiwan are required to pay premiums for NHI. Employers are responsible for paying the majority of the premium, while employees are responsible for paying the remainder. The amount of the premium is based on the employee's salary and other factors. Employees can also choose to pay additional premiums for additional coverage. 
  
  Tips & Tricks: 
  Employers should ensure that they are paying the correct amount of premiums for their employees' NHI coverage. They should also be aware of any changes to the program that may affect their premiums or coverage. 
  
  Related Information: 
  The National Health Insurance Administration (NHIA) is responsible for administering the NHI program in Taiwan. The NHIA provides information about the program, including premium rates and coverage details. They also provide assistance with filing claims and resolving disputes.