Health insurance premiums for students will be applied from July 1st, 2023 (Illustrative image)

According to Clause 4, Article 12 of the amended Law on Health Insurance and Article 4 of Government Decree No. 146/2018/NĐ-CP dated October 17, 2018, students who receive state budget support fall into the category of paying health insurance premiums independently and are not considered part of a household health insurance participation group.

Specifically, the monthly health insurance premiums for students is calculated as 4.5% of the base salary (with the state budget supporting 30% and students paying the remaining 70%).

From July 1st, 2023, the base salary is 1.8 million VND/month according to Government Decree No. 24/2023/NĐ-CP.

Illustrative image (internet)

Therefore, the health insurance for students is as follows: 4.5% x 1,800,000 VND x 12 months = 972,000 VND/year. Of this amount, students pay 680,400 VND/year (as they receive a 30% premiums support from the state budget).

The health insurance premiums for students based on different time periods is as follows:

The unit of measurement: VND