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BackLanbai proposes exemption of health insurance premiums for those aged 65 and above. Government: The expenditure may exceed 10 billion, affecting the finances.
Lanbai proposes exemption of health insurance premiums for those aged 65 and above. Government: The expenditure may exceed 10 billion, affecting the finances.
Politics
自由时报59 minutes agoPolitics2 min readChinaView original

Lanbai proposes exemption of health insurance premiums for those aged 65 and above. Government: The expenditure may exceed 10 billion, affecting the finances.

Quick Look

  • In response to the blue and white parties' proposal to exempt seniors over the age of 65 from paying health insurance premiums, members of the Political Yuan said that if the income tax rate is less than 20% to subsidize the elderly, it will cost about 39.965 billion yuan this year and will reach 62.86 billion yuan in the 138th year of the Republic of China, which will seriously affect the national finance.
  • They also emphasized that the Legislative Yuan must not make proposals to increase government spending.

AI-generated summary

Why It Matters

As the election campaign heats up, the opposition party plans to propose a proposal to subsidize the full health insurance premiums of specific elderly people over the age of 65.

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As the election campaign heats up at the end of the year, the blue and white parties are issuing large election checks, which also include exemptions from health insurance premiums for seniors over 65 years old. In response, people in the political Yuan said that subsidizing the full health insurance premiums for seniors over 65 years old whose income tax rate does not reach 20% will cost more than 39.965 billion yuan based on the estimated number of elderly people this year. If it is 138 years later, the total cost will be as high as 62.86 billion yuan, which will have a huge impact on the national finance.

People in the government pointed out that National Health Insurance is a self-help and mutual-aid social insurance. Everyone has to pay health insurance premiums to obtain medical benefits. If they are economically disadvantaged people, the government may consider overall fairness and the country's financial capacity to provide all or part of the self-paid health insurance premium subsidies so that all people can receive appropriate medical care.

People from the Political Yuan explained that the government has currently provided full or partial subsidies for general insurance premiums for children under 18 years old, under 20 years old, and over 55 years old from low- and middle-income households who are insured under Category 6 Category 2 status, as well as people with disabilities, to moderately reduce the premiums for economically disadvantaged people.

According to Article 5 of the "Measures for Subsidy for the Elderly Who Cannot Afford to Participate in the National Health Insurance", the government has allocated 1.22 billion yuan this year to fully subsidize the health insurance premiums of more than 140,000 low- and middle-income elderly people over the age of 70. As for low- and middle-income elderly people aged 65 to 69, local governments will consider policies and financial conditions, and set subsidy benchmarks according to local conditions.

People in the Political Council emphasized that the opposition party is proposing a proposal to subsidize the full health insurance premiums for seniors over 65 years old with an income tax rate that does not reach 20%. If the number of elderly people is estimated this year, the funding will be more than 39.965 billion yuan. If it is 138 years later, the total cost will be as high as 62.86 billion yuan, which will have a huge impact on the national finance.

He also pointed out that in accordance with the principles of separation of powers and political responsibilities established in the Constitution, the right to propose policy plans and budgets belongs to the constitutional authority of the Executive Yuan; the Legislative Yuan is responsible for the review and resolution of laws, budgets and other important bills. According to the spirit of Article 70 of the Constitution and Article 91 of the Budget Law, the Legislative Yuan may not make proposals to increase government expenditures. If the Legislative Yuan decides to significantly increase the annual budget, the source of supplementary funds must be specified in accordance with the law.

Open Questions

  • How will the opposition parties come up with specific sources of funding?
  • Will the Executive Yuan propose a corresponding compromise plan in the future?

Related Topics

This article was originally published by 自由时报.

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