{"id":1900,"date":"2024-01-22T09:04:44","date_gmt":"2024-01-22T09:04:44","guid":{"rendered":"https:\/\/tandaomedia.co.ke\/?p=1900"},"modified":"2024-01-22T12:16:39","modified_gmt":"2024-01-22T12:16:39","slug":"social-health-insurance-deduction","status":"publish","type":"post","link":"https:\/\/tandaomedia.co.ke\/index.php\/2024\/01\/22\/social-health-insurance-deduction\/","title":{"rendered":"SOCIAL HEALTH INSURANCE DEDUCTION"},"content":{"rendered":"\n<p><strong>Elizabeth Kisiangani<\/strong><\/p>\n\n\n\n<p>The recently enacted social health insurance fund Act in Kenya, introduces a 2.75% deduction from individuals incomes.<\/p>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"311\" height=\"162\" src=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/01\/image-43.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/01\/image-43.png 311w, https:\/\/tandaomedia.co.ke\/wp-content\/uploads\/2024\/01\/image-43-300x156.png 300w\" sizes=\"auto, (max-width: 311px) 100vw, 311px\" \/><\/figure>\n\n\n<p> <\/p>\n\n\n\n<p>This deduction will apply to both formal and informal employment, with a specific mention of a means testing approach for those in informal employment.<\/p>\n\n\n\n<p>Kenya&#8217;s savings and credit co-operative societies have to this end expressed concerns about the impact of additional tax deductions on their members salaries, they fear that this could negatively influence savings habits and reduce the uptake of loans among their members.<\/p>\n\n\n\n<p>Under the social Health Insurance fund, employees across different income brackets will experience varying increases in their contributions, for instance, those earning 50,000 shillings will now contribute 1,375 shillings up from 1,200 shillings, employees rised 2,750 and 13,750 shillings respectively.<\/p>\n\n\n\n<p>However,employees with a gross monthly salary of 20,000 shillings will experience a reduced tax of 550 shillings from 750 shillings under NHIF.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"SOCIAL HEALTH INSURANCE DEDUCTION.\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/X_0ttQ4Qk80?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Elizabeth Kisiangani The recently enacted social health insurance fund Act in Kenya, introduces a 2.75% deduction from individuals<\/p>\n","protected":false},"author":3,"featured_media":1901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[5],"tags":[],"class_list":["post-1900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health-matters"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - 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