Cyprus Mail
Cyprus

The cost of Gesy – what you will have to pay

Per the new Gesy laws, the first phase of introduction, which will come into force on March 1, 2019, will include out-of-hospital care, with wage-earners, pensioners, income-earners, and state officials contributing 1.7 per cent of their income, employers 1.85 per cent, the state 1.65 per cent, and the self-employed 2.55 per cent.

The second phase, which will come into force on March 1, 2020, will introduce hospital treatment, until full implementation of Gesy three months later, with wage-earners, pensioners, income-earners, and state officials contributing 2.65 per cent of their income, employers 2.9 per cent, the state 4.7 per cent, and the self-employed 4 per cent.

Co-payments are capped at a maximum €300 per year for patients and €75 per year for low-pension earners and recipients of the government’s Guaranteed Minimum Income.

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