Healthy for Bulgaria

Health insurance with package covers

The package health insurancethere may be some limitations and exclusions that should be carefully considered.These limitations may include pre-existing health conditions that are excluded from coverage, certain types of dangerous sports or activities that are not included in the insurance plan, and certain chronic diseases that require additional declaration.

When choosing a package health insurance, additional clauses or modules can be added to meet specific needs.These modules may include overseas travel cover, dental insurance, additional risk cover and more.

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If one is looking for a package health insurance for the whole family, it is advisable to consult the insurance companies that offer such policies to get detailed information about the discounts and conditions associated with them.It is important that the policy meets the specific needs and requirements of the family.Insurers usually offer discounts for family policies, which allows the health coverage of the whole family to be provided at more favorable terms.These discounts make it possible to save money when purchasing a policy for more than one family member and enjoy improved coverage conditions.

It is important to note that each insurance company may offer different health insurance packages with different coverages, limitations and additional clauses.Before making a decision, it is advisable to compare the various options on the market and consult with specialists who will help in choosing the most suitable package health insurance.

Depending on needs, global coverage can be sought –not only in Bulgaria, but also intravel abroad.This includes emergency medical care, hospitalization and other necessary procedures in case of health problems during travel.

Supplementary health insurance or bundled health insurance

One of the great benefits of supplementary health insurance is that it offers affordable package prices.Different insurance companies offer a variety of packages with different terms and prices that can be tailored to specific needs and capabilities.Thus, one can choose a package that is affordable and suitable without straining the monthly budget.

In addition, the majority of insurance companies offer the option of deferred payment of the premium for the additional package health insurance.This allows it to be distributed in smaller installments within a certain period.

Another important advantage of supplementary health insurance is the simplified and clear procedure and conditions for paying insurance benefits.Insurance companies take care to ensure a quick and hassle-free process of processing the claim and disbursing the funds.This means that the necessary funds will be received in a convenient time and according to the agreed terms, which gives peace of mind and confidence during such times.

Providing additional package health insurance to employees can also bring tax breaks and benefits to employers.

In Bulgaria, the taxable base and the method of taxation are regulated by the Law on Corporate Income Taxation (CIT) and the Law on Personal Income Tax (PIT).These laws provide the following tax credits for employers when they provide supplemental health insurance to their employees:

1. Accounting for insurance costs as a business expense: The costs associated with providing supplemental health insurance can be expensed as a business expense.This means that the employer can include them in the company's general expenses and use them for taxation purposes.This can reduce the tax base and therefore reduce the amount of tax the company has to pay.
2. Exemption from personal income tax (PIT): The provision of supplementary health insurance may be exempt from personal income tax (PIT) for employees.This means that employees do not have to pay tax on the value of the insurance they receive from their employer.This is an important advantage for employees and contributes to increasing their motivation and job satisfaction.
3. Improved tax benefits for the company: Providing supplementary health insurance can be seen as offering social benefits to employees and as such, can contribute to improved tax benefits for the company.As an employer, when you provide additional package health insurance to your employees, there is an opportunity to use these costs as taxable expenses.This reduces the company's taxable base and, accordingly, the amount of corporate income tax that must be paid.

In addition, the provision of additional health insurance can have a positive effect on the overall tax situation of the company.Once employees take advantage of supplemental insurance, they have better health care and are less likely to get sick or miss work due to health reasons.This can reduce absenteeism and increase employee productivity, which, in turn, can have a positive impact on a company's business and financial results.

Therefore, providing additional health insurance packages not only improves employee well-being and satisfaction, but can also provide tax breaks and benefits to the company itself.This is an important factor for employers to consider when considering providing supplemental health insurance coverage to their employees.

If individuals take out additional bundled health insurance, they can also benefit from some tax benefits.In many countries, including Bulgaria, the tax system provides incentives for people who invest in their health and take out additional health insurance.

One of the possible tax reliefs is related to exemption from income tax for the amount that the individual invests in the supplementary health insurance.This means that the amount they declare and pay for the insurance is not subject to income tax.In this way, individuals can save a significant amount of tax while providing themselves with additional protection and security for their health.Tax breaks for supplemental health insurance can be a motivating factor for people to invest in this form of insurance.They offer a financial incentive and help individuals secure better medical services and care for their health.In addition, tax breaks increase awareness and interest in supplemental health insurance, making it more affordable and attractive to consumers.

In conclusion, the provision of supplementary health insurance has significant advantages for its users in Bulgaria.This provides care, security and support in the event of accidents, illness and future parenthood.In addition, it improves the work environment, helps retain talent and provides financial security to employees.

The advantages for employees and companies of additional health insurance packages in Bulgaria: Why it is important to be provided by the employer

In today's fast-paced life, where staying healthy plays a critical role in achieving personal and professional goals, supplemental health insurance is becoming an increasingly important component of life.It plays the role of an important factor for people's financial and emotional security.Therefore, in Bulgaria, the addition of additional health insurance, which includes per diems for hospital stay, compensation for bone fractures and compensation for operations, has great importance and advantages for everyone.Packaged health insurance offers a range of benefits to employees of different companies, providing care, security and support in the event of accidents, illness and future parenthood.In this blog post, we'll look at why it's important for employers to provide supplemental health insurance and what benefits it brings to employees and their families. 

1. Care and security: Supplemental health insurance offers employees a wider range of medical services and coverage in case of emergencies.This includes care for accidents and unexpected health problems, such as operations, consultations, diagnostics and medicines.Employees have greater certainty that they will receive the medical care they need without feeling a significant increase in financial burden.
2. Expectant parenthood: Supplementary health insurance provides employees and their partners with support and cash assistance during pregnancy and childbirth.It includes coverage of the costs of examinations, maternity benefits, hospitalization and other related medical services.This helps employees feel secure and confident during the important period when their family is expanding.
3. Support for raising a child: This includes medical examinations, vaccinations, consultations with a pediatrician, as well as coverage of the cost of medicines and necessary medical procedures.Providing such insurance helps employees focus on their parenting responsibilities without worrying about not being able to afford to pay for the proper treatment for their child or children, or being unable to reach the appropriate medical professional.

4. Improved work environment: When employers provide supplemental health insurance, they create a more conducive and healthy work environment.This can contribute to higher motivation, better work productivity and lower absenteeism.When employees feel supported and protected in case of health problems, they are more likely to be engaged and perform well for the company.
5. Competitive advantage in attracting talent: Package health insurance can be a powerful tool to attract talent and retain qualified employees in the organization.In a world where the competition for the best personnel is huge, offering such insurance can become an advantage and a motivating factor when choosing an employer.
6. Financial security: Packaged health insurance provides employees with financial security and assistance in case of unexpected health situations.With the insurance, employees have the opportunity to avoid financial difficulties and excessive expenses during treatment or hospital stays.This can have a positive effect on the financial well-being of employees and their families because it provides greater stability and security to their financial situation.

The addition of per diem for hospital stay is essential at a time when the employee is worried about his or a loved one's health anyway.In the event of illness or the need for a hospital stay, a health insurance package helps people cover their expenses during their treatment and absence from work.With these additional financial resources, everyone can try to cope with the bills for medicines or other necessary materials during the illness.

When a bone is broken, the fact that the injury has occurred is already distressing enough, and the peace of mind that a fracture claim is possible goes a long way in helping employees feel supported.Bone fractures can be serious and require specialist treatment and time off work to recover.This added security allows them to focus on their recovery without worrying about potential unpleasant financial side effects.

When a surgical procedure is required, surgery compensation is essential for people because surgeries can be expensive and require a long period of recovery and time off work.Additional health insurance helps cover the costs of the surgery, hospital stay and post-operative period.Receiving such compensation gives employees peace of mind and confidence that they will be able to handle the financial challenges associated with their surgery and recovery.

When childbirth is imminent, supplementary health insurance can provide a benefit in the form of daily allowance, which is of great benefit to the mother and her family.This benefit provides financial support during the hospital stay and recovery period after childbirth.

The addition of supplementary health insurance, which provides per diems for hospital stays, benefit for bone fractures and benefit for operations, is also important to the employer supply itself.When employers provide such insurance, they are showing care and support to their employees.This can have positive effects on the work atmosphere and employee motivation.When people feel cared for and supported by their employers, they are more motivated to be productive and loyal to the company.

Additionally, providing supplemental health insurance can help employers attract and retain talent in their organization.Nowadays, employees aspire to jobs that offer them comprehensive care for their well-being, including the protection of their health.Providing additional health insurance can be an attractive factor when choosing an employer and help the company stand out in the labor market.

Realizing the importance of providing supplementary health insurance and including it as part of the employee offer package.This helps them become an employer of choice and create a healthy and supportive environment where employees can thrive both personally and professionally.