| The Dominican Sun |
| "Daily Dominican Republic News in English Since 2004" |
| Monday, February 8th, 2010 |
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Dominican Social Security 2009 revenue jumps 16%, tops US$1.0B
Story Text & Photos © 2010 by Dominican Today Feb 8 2010 10:59AM
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Dominican Today -
Santo Domingo.- 2009 was a very good year for the Social Security Treasury (TSS), as the number of Family Health Insurance affiliates increased and revenue jumped around 16 percent.
TSS funds reached in RD$38.8 billion (around US$1.0 billion) last year, with an increase in the number of contributors of the Dominican Social Security System, and which according to a report topped the 2008 revenue of RD$33.5 billion.
“The Treasury posted record figures. Dominican workers and employers gave their support as an example and confidence in the Social Security System, which reflects a considerable increase in affiliates as well as in contributions,” the entity said in a statement.
As to the amount of members, the Family Health Insurance’s beneficiary affiliates in the Contributing Regime rose 19 percent last year, which allowed more than two million citizens to access basic health services through their Health Risk Administrators.
Affiliate revenue increased 24.2 percent whereas collections in the Labor Risks Insurance climbed to 6.30 percent, and Insurance for the Aged, Handicapped and Survival reached 18.27 percent more than in 2008.
In its annual report the TSS said most of the workers (59 percent) registered have a average wage of 10,000 pesos.
“To reach these accomplishments the TSS maintained efficiency levels in revenue management and also provided facilities for employers by means of an extension of the window of payments,” it said.
Read original at Dominican Today.
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(Posted 10:59 Monday by DRSol NewsHound. Viewed 10 times.)
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