All individuals, aged 18 or older and who live in the Faroe Islands, are required to pay the insurance premium.
As of 1 January 2021, the premium is DKK 175 a month, plus 0.7% of one's taxable income.
The National Healh Insurance, Heilsutrygd, is a public health insurance for everyone who resides in the Faroes. It supplements and pays for various health services. TAKS collects the health insurance fee on behalf of Heilsutrygd.
All individuals, aged 18 or older and who live in the Faroe Islands, are required to pay the insurance premium.
As of 1 January 2021, the premium is DKK 175 a month, plus 0.7% of one's taxable income.