As of 1 January 2025, a new law came into force, exempting insureds in health plans under the age of 18 from the Insurance Premium Tax (IPT) of 15%.
The Greek Government has been focused on children’s well-being, helping to provide stability and comprehensive health care.
Exemption of IPT 15% in health plans for under-aged Insureds
As of 1 January 2025, a new law came into force, exempting insureds in health plans under the age of 18 from the Insurance Premium Tax (IPT) of 15%. This exemption applies to both individual and group health plans, covering new and existing policies. This change is expected to provide financial relief to families and encourage more comprehensive health coverage for children.
Experts on hand
To stay abreast of these and other legislative changes, seek expert advice. Our GrECo team in Greece will provide you with comprehensive guidance and support in navigating the evolving landscape of the country’s health and benefits legislation. Their expertise will help you understand the implications of these changes and ensure your compliance and optimal benefit.
