What are Brazil’s statutory health benefits, and what do they cover?
The Sistema Único de Saúde (SUS) is the public health system in Brazil. Its coverage includes simple care to assess blood pressure, Primary Care, organ transplantation, and more. The SUS ensures full, universal, and free access for Brazil’s entire population, including foreigners and tourists.
Although the system provides comprehensive medical benefits, it has problems with overcrowding and long delays in the processes. This is why it is common for employees to seek private health insurance.
The health system is financed by taxes and other social contributions and is available to all Brazilian citizens (including dependents). There is not a social contribution item directly linked to health.
All of your supported employees are required by law to be submitted to medical examination during the hiring process. This examination also happens every year (or every two years), and in some cases, the supported employee is required to do it earlier. The examination is carried out by a professional physician in a hospital or medical center. Velocity Global will bear the costs of that examination and reserves the right to decide where the examination will be made. Your supported employee will be informed about the date, time, and place of the physical examination.
What health benefits do most employers offer?
Although medical and dental insurances are not mandatory, employers often offer supplemental medical and dental insurance to make job offers more attractive to employees in Brazil. It is common practice for these supplemental insurances to cover dependents, too.
It is very uncommon for health benefits to be provided through an allowance, but we are able to facilitate this if a supported employee wants to keep their same health insurance plan or if you wish to provide this benefit as an allowance. This cost can vary considerably depending on the age of your supported employee and the number of dependents. In this case, please request a quote based on your supported employee's particular conditions.
How does an employee’s salary or level of seniority affect what benefits employers offer them?
The seniority does not affect the level of benefits you must offer your supported employees. However, seniority can require an increase in the cost of health and life insurance by an insurers' risk analysis.
What does Velocity Global’s Care Plus plan offer?
Velocity Global offers medical plans through Care Plus, which is considered to be one of the best insurance companies in Brazil. The Care Plus Medical plans are designed as top-up coverage to Brazil's national health system.
We offer three policy options: Executive, Master I, and Master I-Upgrade. All three plans have generous reimbursements, no copayments, and access to the most in-demand facilities in the country. The Master plans offer higher coverage and access at a higher cost.
For additional information regarding the plans, including plan summaries and cost details, please reach out to Velocity Global through your normal process, and we will help you.