Health Insurance
Social security contribution is supposed to cover social services in Hungary including pensions, allowances, and public healthcare. It is most obvious as a payroll tax at 18.5% of the gross salary, which employers deduct and forward to the authorities on behalf of their employees. At the same time, it is also paid by self-employed people, and sometimes its rate may be higher due to minimum expectations.
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The pink social security booklet that is used to register social security payments will become obsolete in January 2026. It has been made redundant thanks to the digitalization of payroll related administration in Hungary, and now employers must update their workflows in preparation for its phase-out.
The post Pink social security booklet abolished from January 2026 appeared first on Helpers Finance.
Under specific circumstances, your employees are entitled to receive cash benefits from the social security system. Social security allowances are usually paid directly by the Treasury, but in some cases, the employer can become a paying agent for them.
The post Who pays social security cash benefits to your employees? appeared first on Helpers Finance.
Private health insurance plans allow you to access private healthcare facilities for a monthly fee. These institutions usually offer higher comfort, shorter waiting periods (if any), and more modern equipment than public hospitals.
The post The private health insurance system in Hungary appeared first on Helpers Finance.
Health insurance is an important concern for all of us, and even more so currently. You may know everything about health insurance fees and coverage in your own country, but how much do you know about the Hungarian system?
The post Public health insurance in Hungary: fees & coverage appeared first on Helpers Finance.