Hospital Insurance (Standard Premium) Regulations 1993

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1993/Statutory%20Instruments/Hospital%20Insurance%20%28Standard%20Premium%29%20Regulations%201993.pdf

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Hospital Insurance (Standard Premium) Regulations 1993
HOSPITAL INSURANCE (STANDARD PREMIUM) REGULATIONS
1993

1

BR 12/1993

HOSPITAL INSURANCE ACT 1970

1970 : 523

HOSPITAL INSURANCE (STANDARD PREMIUM) REGULATIONS
1993

ARRANGEMENT OF REGULATIONS

1 Citation and
commencement

2 Standard premium

3 Persons over age of 65
years

4 Rescission

The Minister in exercise of the powers conferred upon him by
section 40(1)(b) of the Hospital Insurance Act 1970 makes the following
Regulations:

Citation and commencement
1 These Regulations may be cited as the Hospital Insurance
(Standard Premium) Regulations 1993 and shall come into operation on
1st April 1993.

Standard premium
2 Subject to regulation 3, the standard premium payable in
respect of standard hospital benefit shall be $60.68 cents a month (or
$14.00 where paid weekly) of which sum $6.20 cents a month (or $1.43
cents a week) shall be paid into the Mutual Re-Insurance Fund.

Persons over the age of 65 years
3 The standard premium payable in respect of standard hospital
benefit for persons over the age of sixty-five years who do not qualify for
subsidised hospital treatment under section 2(1)(b) of the Act shall be

HOSPITAL INSURANCE (STANDARD PREMIUM) REGULATIONS
1993

2

$224.08 cents a month (or $51.71 cents a week) of which sum $6.20
cents a month (or $1.43 cents a week) shall be paid into the Mutual Re-
Insurance Fund.

Rescission
4 The Hospital Insurance (Standard Premium) Regulations 1992
are rescinded.

Made this 23rd day of March, 1993

John H. Sharpe
Acting Minister of Finance