Health Insurance – Minimum Requirements

Under the Health Insurance Act 1970, it is required for all employers to insure:

  • all employees who work for more than 45 hours per month
  • all employees who work for more than 2 months
  • all non-employed spouses of employees
  • all self employed persons

for the “Standard Hospital Benefit” (i.e. HIP).

I am finding it extremely difficult to find an insurance scheme that suits a ‘temporary worker’ arrangement that Workforce will be undertaking, where individuals might have short term and infrequent engagements.  The monthly premium is $400 for any part of a month, and if someone only works 2-3 days near the end of a month and then doesn’t have another assignment, they would spend most of their pay on insurance.

One step forward, two back!


About workforcebda

Alex owns and operates Workforce Ltd., a Bermuda-based staffing company for the construction industry.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s