SZV: Be compliant or risk collection measures | THE DAILY HERALD

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PHILIPSBURG–Social and Health Insurances SZV will be giving out “bulk” demand notes to companies registered in its system that have outstanding ZV/OV and AOV/AWW premiums at the insurance service provider.

Companies that receive the notice are urged to pay their outstanding amounts or risk further collection measures. SZV said in a press release on Tuesday that companies that are unable to pay the total of their outstanding in one lump sum can request a payment plan.

“Once a payment plan is confirmed, the employer must assure that current monthly payments are being executed,” SZV said.

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“We know that the country is facing hard economic times. These controls are not an attack on companies. However, the law is clear and the payment of premiums is required to secure the health care financing of those entitled. The funds are filled based on a solidarity principle and all companies must declare and pay these premiums,” SZV Director Glen Carty said.

Companies that do not declare their monthly premiums on time will be assessed by SZV and will have to pay the assessed amount. The objection procedure on an assessment is available online at www.szv.sx .

By maintaining the set monthly deadlines, companies can avoid the hassle of fines and an objection procedure. In escalated cases of non-payment, SZV has the authority to issue liens and auctions on goods and property to pay off the debt of social premiums. “These measures are, of course, less desirable but still necessary.”

Carty: “If you know you have an outstanding amount at SZV, contact us and let’s get it regulated.”

Companies that are registered, but have not updated their files – for example if they no longer have employees, are out of business, the number of employees has changed, etc. – are asked to contact SZV to update their administration and/or submit the required mutation form. Mutations forms must be submitted on time, accurately and completely. This will reduce unnecessary issuance of assessments and fines by SZV.

The monthly deadline to declare and pay the social premiums is the 15th of each month.

SZV has introduced several options to improve customer service for the employer, including an online employer portal making it possible to declare premiums online at your own convenience without having to visit SZV. Payments can be made through the different online systems of local banks, eliminating the need to visit SZV offices. Should a company need to visit SZV, it can visit the dedicated employers service desk, limiting waiting time and offering customised customer support, SZV said in its release.

Source: The Daily Herald https://www.thedailyherald.sx/islands/80781-szv-be-compliant-or-risk-collection-measures

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