April Expat Health Insurance Paid By Company

[sanchobkk]

Hi, After several years working in a company in bkk, My boss offers me an health insurance for my family.

Can the company pay the premium directly to the insurance company ?

I ask this quite weird question 'cause my boss told me he has to give me the amount and then I pay the premium by myself.

Doing that, I will pay tax on it, because it will be took as an income.

Any advise to avoid paying tax on an expat health insurance ?

Thanks

[Firefan]

Yes, from a tax perspective that would mean that the extra benefit (health insurance) should be taxed.

That said; It sounds like your employer is letting you get your own individual private insurance - rather than through a group/company policy - and that is actually an advantage as the insurance will then not expire/be cancelled should you lose your job. It is also an advantage in case you during the cover become sick with an illness - that could be considered "pre-existing" - should you have to switch to a private insurance later on (as they would NOT cover that) - I.e. as an individual private insurance you can simply continue to pay (by yourself) in the future - not having to re-apply with new illness (pre-existing) and that point.

So it might actually be worth paying the tax on it.... your mileage may vary

Cheers!