Honduras: New Law on Social Protection

Radical changes will create five regimes: Social Protection Floor, Social Security Prevision, Insurance Health Care, Professional Risk Insurance and Labor Insurance Coverage .

Monday, May 11, 2015

An article on Latribuna.hn reports that "... The new legal framework will take effect in the next 45 days and will give rise to the approval of four special laws that will regulate the scope of these principles. "

The new law radically changes the public health system in Honduras, because it would allow the inclusion of various sectors who had no access before, and for a choice of the medical institution in which you wish to be treated, whether state or private.

See summary of the new law on Latribuna.hn

View full text "Framework Law on Social Protection System"

More on this topic

Will Revoking the Reform Be Enough?

April 2018

In Nicaragua, President Ortega has revoked the controversial law to reform the National Institute of Social Security, but demonstrations continue and business leaders are calling on the government to have a dialogue.

Five days of protests, looting and several deaths in different areas of the country is the result of the controversial reform that the Ortega administration announced on Wednesday, and which only five days later, it had to revoke in order to try to ease social tension. The reform aimed to raise the contribution paid by companies by 2% and employees' contribution by 5%, effective from July. The presidential decree 04-2018 was published this Monday in the Gazette number 76. 

Honduras: Employers Could Pay 4% of Wages Into Labor Fund

May 2015

The recently adopted legislation requires companies to make a tax contribution equivalent to 4% of the monthly salary of each employee on their payroll.

In addition to the monthly contribution of 4%, the new Framework Law of Social Protection System for a Better Life states that "...Employers must pay into the respective sub-account of a worker's labor reserve until the respective account reaches an amount equal to the amount of the unemployment benefit provided for in Articles 102 and 120 A of the Labour Code, at its highest level. The employer must renew contributions for workers who when their ordinary salaries increase are entitled to receive a higher amount for severance pay. "

New Extension for Payment of Worker-Employer Cuota

May 2013

The Social Security Department in Panama is deferring for four months payments of the employer quotas.

According to Roberto Troncoso, president of the Panamanian Association of Business Executives, the "moratorium by the Social Security Department (CSS by its initials in Spanish) creates a bad habit" among irresponsible employers.

Period of Exemption from Charges Extended

April 2012

The Guatemalan Social Security Institute (IGSS) has granted an additional 90 days exemption from fines for those companies who do not pay employer and employee contributions on time.

The additional period granted by the IGSS began on Sunday, April 1st, under agreement 1284 published by the public record newspaper Diario de Centro América.

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