KONTAN.CO.ID - JAKARTA. Indonesia will raise premiums for health insurance provided by a state company but also increased subsidies for the lowest rate, impacting tens of thousands of policyholders, as the country battles the coronavirus, a minister said on Wednesday. The government will hike by 65% the lowest premium managed by insurer BPJS Kesehatan to 42,000 rupiah ($2.83) a month starting in July, but will subsidise all of the increase, according to a copy of a government regulation backing the measure. Premiums for other policies will be nearly doubled, with the highest rate to reach 150,000 rupiah a month, with no subsidy provided.
Indonesia to hike health insurance premiums amid coronavirus pandemic
KONTAN.CO.ID - JAKARTA. Indonesia will raise premiums for health insurance provided by a state company but also increased subsidies for the lowest rate, impacting tens of thousands of policyholders, as the country battles the coronavirus, a minister said on Wednesday. The government will hike by 65% the lowest premium managed by insurer BPJS Kesehatan to 42,000 rupiah ($2.83) a month starting in July, but will subsidise all of the increase, according to a copy of a government regulation backing the measure. Premiums for other policies will be nearly doubled, with the highest rate to reach 150,000 rupiah a month, with no subsidy provided.