Health Insurance Contribution

The employer is obligated to pay a health insurance contribution to the tax administration while he/she pays the tax withholding. The employer’s health insurance contribution must be paid for employees aged 16 to 67, provided that the employee is insured in Finland under the Health Insurance Act.

The health insurance contribution is paid for the salary subject to tax withholding. Salary in this respect means all kinds of salaries, rewards, benefits and compensation which are paid in consideration of work. This also includes fees for attending meetings, fees for personal lectures and presentations, compensations for membership in administrative bodies, compensations of a managing director, salary received by members of general or limited partnerships, or compensation for holding a position of trust as well as fringe benefits.

The valid social security contribution is confirmed by a statutory order and it can be found in the Finnish webpages of the tax administration. The health insurance contribution must be reported to the Tax Administration using the self-assessed tax return, which also includes information on salaries paid and withholding taxes withheld. The self-assessed tax return is generally submitted on a monthly basis.