Hospital Insurance (Standard Premium) Regulations 1998

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1998/Statutory%20Instruments/Hospital%20Insurance%20%28Standard%20Premium%29%20Regulations%201998.pdf

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Hospital Insurance (Standard Premium) Regulations 1998
THE HOSPITAL INSURANCE (STANDARD PREMIUM)
REGULATIONS 1998

1

BR 22/1998

HOSPITAL INSURANCE ACT 1970

1970 : 523

THE HOSPITAL INSURANCE (STANDARD PREMIUM)
REGULATIONS 1998

ARRANGEMENT OF REGULATIONS

1 Citation and
commencement

2 Standard premium

3 Persons over the age of 65
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 1998 and shall come into operation on
1 April 1998.

Standard premium
2 Subject to regulation 3, the standard premium payable in
respect of standard hospital benefit shall be $88.70¢ a month (or
$20.48¢ where paid weekly) of which $10.00¢ a month (or $2.31¢ a
week) shall be paid into the Mutual Re-Insurance Fund.

Persons over the age of 65
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

HOSPITAL INSURANCE (STANDARD PREMIUM) REGULATIONS
THE HOSPITAL INSURANCE (STANDARD PREMIUM)
REGULATIONS 19981998

2

subsidised hospital treatment under section 2(1)(b) of the Act shall be
$324.80¢ a month (or $74.96¢ a week) of which $10.00¢ a month (or
$2.31¢ a week) shall be paid into the Mutual Re-Insurance Fund.

Rescission
4 The Hospital Insurance (Standard Premium) Regulations 1997
are rescinded.