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Mandatory insurance threatens Taiwan hiring of 50,000 Pinoys By Michaela P. del Callar 11/15/2010

Monday, November 15, 2010

Mandatory insurance threatens Taiwan hiring of 50,000 Pinoys

By Michaela P. del Callar 11/15/2010

More than 50,000 job orders for Filipino workers in Taiwan for 2011 are at risk after Taipei rejected the Philippines’ mandatory double insurance coverage for Filipinos.

A new policy by the Philippine Overseas Employment Administration (POEA) said labor receiving states like Taiwan must provide adequate insurance coverage that includes local insurance package for Filipino workers.
The POEA has refused to exempt Taiwan and Hong Kong from this policy even as they grant insurance benefits higher than what is being offered by Philippine insurance providers.

Under Taiwan’s labor law, every contract worker is covered by two types of insurance, one for personal and the other is the group insurance.

Each worker is given a mandatory personal insurance coverage worth NT$800,000 or about P1.2 million and a group insurance that covers all workers at the factory..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101115hed3.html

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