Bermuda: Domestic Corporate Taxation
This page was last updated on 5 August 2019.
Under the Hospital Insurance Act 1970, Bermudian employers must take out health insurance for each employee under a contract with a licensed health insurer, or through the government's hospital insurance premium scheme. It is possible to have a new insurer approved as a licensed health insurer on application to the Government.
Half the cost of health insurance may be deducted from employees’ wages. Employees working fewer than 45 hours per month can be exempted from the scheme; employees working in Bermuda for less than six months are not included.