Monday, August 21, 2006
TOKYO (AFX) - The Health, Labor and Welfare Ministry would in fiscal 2008 raise the ceiling for company workers' health insurance premiums to 10 pct of yearly pay, the Nihon Keizai Shimbun reported over the weekend.
Corporate health insurance associations, in which employees of chief firms enroll, at present have a cap of 9.5 pct, while the plan for smaller companies has a flat 8.2 pct rate. The premium is split evenly by worker and employer.
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