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23March2015

Restructed Payment Options for General Health Insurance Coverage

cott-group-semsiyeApplication deadline for debt restructuring of General Health Insurance premiums in accordance with Law No.6552 is April 30th, 2015.

General Health Insurance (GHI) premiums are accrued from the maximum rate to those who have not applied to an income test. However, provided that they fulfill their income test obligation until March 31st, 2015, they will be allowed to pay their premium debts based on the amount from their income tests applicable from the date of GHI registration.
Those, who are ranked within the lower income group according to the income tests, will benefit from complete cancellation of accrued premium debts and will also receive health service by means of the allowance to be reserved from the Treasury.

For others benefiting from debt restructure, the interest accrued on the principal of the premium debts will wholly be deleted. The advance payment and the first installment will be payable until June 1st, 2015 within the scope of the aforementioned structuring.

In cases where the premium debt is paid in cash, no default interest will be payable. In cases where the option of payment in installments is chosen, default interest will be recalculated by means of the WPI/PPI (Wholesale Price Index/Producer Price Index).

Those with premium debts within the scope of the general health insurance will be allowed to benefit from the healthcare services immediately after they structure their debts in cash, or after the payment of the first installment.

Application for structuring may be made to the Social Security Center domiciled within the borders of the occupational residence of the applicant.
 
Click here for general information on the application of general health insurance in Turkey and the income test.

Written by Selma Kıy, Posted in Social Security Law and Legislation, Taxation Law

  • Notification!

    Contents provided on this article serve to informative purpose only. The article is confidential and property of CottGroup® and all of its affiliated legal entities. Quoting any of the contents of this notification without credit being given to the source is strictly prohibited. Regardless of having all the precautions and importance is put in the preparation of this article, CottGroup® and member companies cannot be held liable of the application or interpretation of the information provided. It is strictly advised to consult a professional for the application of the above-mentioned subject. Prior to taking any action in regards the above, please consult your client representative if you are a customer of CottGroup® or consult to a relevant party.

About The Author

Selma Kıy

Certified Public Accountant - SMMM
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