New policy changes to Taiwan's National Health Insurance now require all residents to maintain coverage and pay premiums, regardless of whether they live in Taiwan. This change is expected to significantly increase revenue for the country's overburdened health insurance system.
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00:00A new change to Taiwan's national health insurance system could significantly boost
00:04revenue.
00:05That's according to estimates from the government.
00:08The change requires Taiwanese citizens with legal residency to stay enrolled in the insurance
00:13program and keep paying premiums even if they live abroad.
00:18It will affect around 210,000 people and is expected to bring in an additional 70 million
00:24U.S. dollars in annual revenue.
00:26The aim is to ensure fair contributions to the system by reducing the chance that those
00:31living overseas avoid paying premiums but can still access health care when they return.