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The Little-Known Benefits of Purchasing Health Insurance

2 March, 2025

1 Advantages of Purchasing Health Insurance

Health insurance is a mandatory form of insurance applied to specific subjects as stipulated by the Law on Health Insurance. It is a non-profit healthcare scheme organized and implemented by the State.

When citizens purchase health insurance and seek medical examination and treatment at healthcare facilities that have signed contracts for health insurance examination and treatment, they will be supported with medical examination and treatment costs as prescribed.

Receive Support for Health Insurance Purchase

Depending on the subject, citizens purchasing health insurance will receive partial support from the State. Specifically:

For near-poor subjects according to the near-poor criteria prescribed by the Government and the Prime Minister, and for subjects belonging to multi-dimensional poor households, the support for purchasing health insurance is a minimum of 70%.
For students, pupils, and subjects belonging to agricultural, forestry, fishery, and salt-making households with a medium living standard as prescribed by the Government and the Prime Minister, the support for purchasing health insurance is a minimum of 30%.

Access to Health Insurance Examination and Treatment Nationwide

Purchasers of health insurance can access health insurance examination and treatment at any healthcare facility that has signed a contract for health insurance examination and treatment nationwide, as prescribed.

Health Insurance Fund Pays for 40% to 100% of Health Insurance Examination and Treatment Costs

The level of health insurance benefits depends on the degree of illness, the group of subjects within the scope of benefits, and the time of participation in health insurance. Purchasers of health insurance are entitled to the following payments from the health insurance fund:

From 80% to 100% of the cost of correct-line medical examination and treatment
From 40% to 100% of the cost of inpatient medical examination and treatment that is not on the correct line at central-level hospitals and district and grassroots levels.
The health insurance fund supports from 40% to 100% of the cost of health insurance examination and treatment for those holding health insurance cards.

Coverage for Tens of Thousands of Types of Drugs and Medical Services

There are numerous types of drugs and medical services covered by the health insurance fund (as stipulated in Circular No. 30/2018/TT-BYT dated October 30, 2008)

Reduced Financial Burden in Case of Illness or Accident

In many cases, health insurance participants benefit from significantly reduced medical costs, especially in the event of an accident or prolonged illness. Thanks to health insurance, patients from difficult financial backgrounds can access timely medical examinations and better healthcare.

Risk-Sharing Among Participants

Purchasing health insurance allows participants to share risks with patients, demonstrating a spirit of mutual affection and ensuring social security.

2 Risks of Not Purchasing Health Insurance

Without health insurance, people face various risks related to illness, accidents, and even mental health. Specifically:

Patients must bear the full cost of medical examination and treatment when seeking healthcare at medical facilities in case of illness or accident.
Due to the lack of support for health insurance examination and treatment costs, patients will worry in case of illness or accident due to the increasing cost of medical services.
Limited access to high-tech medical services and expensive drugs.
The family economy may be affected or even deteriorate in case of serious illness.

3 Positive Participation in Family Health Insurance towards Universal Health Insurance

Self-employed individuals, especially those in rural and mountainous areas, often have unstable incomes and face financial difficulties. Therefore, in the event of illness or accident without health insurance, they will not have the means to seek treatment, which can significantly impact their health.

Positive participation in family health insurance is an effective solution to prevent risks and protect the health of every citizen. With low health insurance contributions calculated based on the basic salary and support from the State, everyone can easily participate.

Health Insurance Purchase Price for Families

The basic salary from July 1, 2024, is VND 2,340,000 per month (Decree 73/2024/ND-CP). Specifically, the health insurance purchase price is calculated as follows:

The first person pays 4.5% of the basic salary of VND 2,340,000
The second person pays 70% of the first person’s contribution
The third person pays 60% of the first person’s contribution
The fourth person pays 50% of the first person’s contribution
From the fifth person onwards, 40% of the first person’s contribution is paid

According to Point e, Clause 1, Article 7 of Decree No. 146/2018/ND-CP, and Article 3 of Circular No. 143/2020/TT-BQP, the health insurance contribution for households will be based on the latest basic salary. Details are as follows:

Participant	Contribution Rate	3-Month Fee	6-Month Fee	12-Month Fee
First Person	4.5% of the basic salary	VND 315,900	VND 631,800	VND 1,263,600
Second Person	70% compared to the first person	VND 221,130	VND 442,260	VND 884,520
Third Person	60% compared to the first person	VND 189,540	VND 379,080	VND 758,160
Fourth Person	50% compared to the first person	VND 157,950	VND 315,900	VND 631,800
Fifth Person	40% compared to the first person	VND 126,360	VND 252,720	VND 505,440

4 Health Insurance is Now Available with Us

We aim to provide a convenient platform for health insurance and voluntary social insurance premium payments while also offering a health protection plan for our customers.

Through a network of over 3,000 sales points nationwide, The Gioi Di Dong and we officially collaborate with PVI – an organization authorized by the Vietnam Social Security to provide health insurance and voluntary social insurance premium collection services.

How to Purchase Health Insurance at The Gioi Di Dong and Our Stores

If you have any questions about this brand new service, please don’t hesitate to contact our hotline at 1900 232 461 or 1900 232 460 for detailed advice!