The HCF is just the beginning of an improved, comprehensive healthcare financing system. To help the HCF office determine what can be done to improve and enhance the program, a public survey is now available.
Starting a New Business?
Every business that is established in Palau – whether owned by a Palauan or non-Palauan citizen – must apply for an Employer Identification Number (EIN). In addition, all employers doing business in Palau are required to pay two kinds of contributions to the Social Security Administration: Social Security (SS) contributions and Healthcare Fund (HCF) contributions.
- Have You Enrolled in the HCF?
Under the HCF program, you are able to add family members as either dependents or designated beneficiaries under your account. They will be eligible to use your Medical Savings Account (MSA) or be eligible for National Health Insurance (NHI). HCF Enrollment Forms are not currently available online because each form is customized with personal information. However, you may call the SS office at 488-2457 or e-mail firstname.lastname@example.org and make a special request for an electronic version of your form.
- Applying for a Social Security Number?
All employees working in the Republic of Palau must have a valid Palau Social Security number. Also, with the start of the new Healthcare Fund program, all dependents, including babies and young kids, are required to have valid Palau SSNs if the parents wish to enroll them under their accounts.
- Applying for SS Benefits
The Republic of Palau Social Security descended from the Trust Territory Social Security System, which was established on July 1, 1968. After the dissolution of the Trust Territory, the Palau Social Security Trust Fund was later established. For over 40 years, the Social Security Administration has provided retirement, survivor, disability and death benefits to covered wage earners, self-employed persons, as well as their qualified survivors.
- Looking for a document?
The following documents are now available online: SS forms, HCF forms, SS Law & By-Laws, HCF Law & Regulations, Quarterly Newsletter, and brochures. The most recent law related to the Social Security Administration is the National Healthcare Financing Act, which established the HCF program.
Latest News & Events
- Job Vacancies
- Press Releases
Download Now: 1st Qtr 2012 Newsletter
Posted April 20, 2012
Authorizing MSAs to pay for private health insurance premiums
Posted April 2012
ADB releases policy brief on National Healthcare Financing Act
Posted February 10, 2012
Complete HCF Survey Now!
Posted October 03, 2011
The HCF Releases its First Interim Report
Posted October 20, 2011
SSA begins remitting unused MSA balances to permanently exiting foreigners
Posted August 17, 2011
The National Government pays subsidized contributions for Palauan citizens who are 60 years of age and not working, as well as for those who are disabled and not working. All retirees must enroll in the HCF to be eligible.