Health insurance funds in Monaco
Caisse de Compensation des Services Sociaux (Social Services Compensation Fund)
This is financed by contributions from employers calculated on the basis of declared gross salaries within an upper limit.
It provides salaried workers and others covered by the scheme with health, maternity, invalidity and life insurance.
Beneficiaries (such as spouses and dependent children) who are not entitled to join another insurance scheme and who are resident in the Principality or in France (or in Italy for Monegasque and Italian nationals) are also covered for expenses related to sickness and maternity.
The SSCF also provides family and social benefits (such as prenatal and family allowances, housing benefit, education allowance, a special allowance for the start of the educational year, an end of year payment, holiday cheques, and vouchers for crèches and after-school childcare.
Caisse d’Assurance Maladie, Accident et Maternité des Travailleurs Indépendants (Social Security Fund for the Self-Employed)
This scheme is compulsory for anyone authorised to carry out an artisanal, industrial, commercial or professional activity in the Principality.
It is financed by a flat-rate contribution for each calendar month, payable quarterly in advance.
Other eligible people can also benefit from the Fund, on condition that they do not qualify for another scheme and are resident in Monaco or France, as can retirees from Monegasque or French schemes for self-employed workers residing in the Principality.
Service des Prestations Médicales de l'État (State Medical Benefits Office)
The State Medical Benefits Office is both a health insurance scheme and family allowance fund for all employees working for the State or the Commune.
Those eligible to benefit from this scheme are:
- Civil servants, other Government or Commune officials, temporary staff and Monegasque students
- Spouses who do not work, and dependent children/young people under 21 who attend an educational establishment, are also eligible for the social security scheme because of their connection with the insured person