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Health insurance coverage reaches 93.35% of population

Hanoi: The Vietnam Social Security (VSS) has completed and surpassed all set targets in the coverage of social, unemployment and health insurance, according to VSS General Director Nguyen The Manh. Health insurance has now covered 93.35% of the country's population, exceeding the goal set in the Government's Resolution No. 01/NQ-CP as well as the National Assembly's Resolution No. 68/2022/QH15 on socio-economic development plan for 2023, Manh said at the VSS's conference in Hanoi on January 17 to review the sector's performance in 2023 and launch tasks for 2024. Last year, total premium from social insurance, unemployment insurance, and health insurance reached over 472.3 trillion VND (19.24 billion USD), a year on year rise of 8.55%, 1.41% higher than the target assigned by the Prime Minister, while total expenditure was 439 trillion VND. Meanwhile, the rate of people joining social insurance reached 39.25% of the labour force, or 18.25 million people. The rate for unemployment insurance was 31.58%, or 14 .69 million people, said the VSS leader. In 2023, the VSS paid monthly pensions and social insurance benefits to 95,670 people, along with one-off payout of social insurance benefits to more than 1.3 million people, and sickness, maternity, convalescence, and health recovery benefits to more than 8.8 million people, he added./. Source: Vietnam News Agency

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