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Fixed amount of insurance premium for compulsory medical insurance
The fixed amount of insurance contributions for mandatory medical insurance is determined as the product of the minimum wage established by federal law at the beginning of the financial year for which the insurance contributions are paid, and the rate of insurance contributions to the Federal Fund of Mandatory Medical Insurance established by paragraph 3 of part 2 of article 12 of this Federal Law, increased twelvefold1.
Federal Law No. 212-FZ dated July 24, 2009 "On Insurance Contributions to the Pension Fund of the Russian Federation, the Social Insurance Fund of the Russian Federation, and the Federal Fund of Mandatory Medical Insurance", as amended on December 20, 2016, Article 14, subpara. 2 // RSZ RF. 2009. No. 30. P. 3738. ↩