Page 10 - BLI-Brief Introduction
P. 10

Brief Introduction
                    INSURE
                        Your Life





                  Trend Changes in the No. of Units and Insured Persons in the Labor Insurance Program
                                                      (1993-2021)

         No. of units                                                                               No. of insured persons
         (in10,000)                                    The labor insurance pension program             (in 10,000)
           62                                          began on January 1, 2009                       1074  1,100
           60                                                                             1027  1037  1047  1055  1,050
           58                         The new labor pension program             992  1007  1017  56.2  57.0  57.8 59
           56                         began on July 1, 2005            972  971  974  54.5  55.3         1,000
           54                                                       940         52.7  53.7               950
           52     The national health insurance           880  880  900  50.3  50.8  51.7
                  program began on March 1, 1995
           50                                          868         48.9                                  900
           48    850                             834  854  46.7  46.9  47.6                              850
           46 814                   792   786  810  45.2  46.2
           44        764   750  760  774  778  41.4 42.9                                                 800
           42           743               40.4                                                           750
           40    40  38.6     38.5  39.1  39.8  39.9
           38  36.9    37.9  38.1                                                                        700
           36                                                                                            650
           34
           32                                                                                            600
           30                                                                                            500
             1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
                                  No. of units(in10,000)      No. of insured persons(in 10,000)



            who have, in accordance with the law, applied for   insured persons according to different ratios. The
            parental leave without pay.                       ratio of premium payment is as follows: when an
                                                              insured person has a regular employer, 70% of the
            2. Premium Rates and Insurance  insurance premium shall be paid by the employer,
                Salary                                        20% by the insured person and the remaining 10%

            The legally stipulated labor insurance premium rate   shall be subsidized by the government. When an
            for ordinary accidents has been set at 7.5% since   insured person does not have a regular employer or
            2009 (6.5% after deducting the 1% employment      is self-employed and affiliated with an occupational
            insurance premium rate), and in the third year    union, 60% of the insurance premium shall be paid
            after its implementation, the rate was raised by   by the insured person, and the remaining 40% shall
            0.5% every year until it reached 10%; then, starting   be subsidized by the government.
            from the year it reaches 10% (2015), the rate has   An insured person who does not have regular
            increased by 0.5% every two years until it reaches   employers or are self-employed and qualified as
            the cap of 13%. The legally stipulated insurance   Class A members of fishermen’s associations,
            premium rate is 11.5% in 2022 (10.5% after        20% of the insurance premium shall be paid by
            deducting the employment insurance premium        the insured person, and the remaining 80% shall
            rate).                                            be subsidized by government. Furthermore, the

            The ordinary accident insurance premium is        monthly insurance salary of labor insurance is
            paid jointly by the government, employers and     based on the actual monthly salary total of the


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