About Luotea health insurance fund

Luotea Sairauskassa is a company set up jointly by Luotea and its staff, separate from the company itself, and supported by Luotea.

Luotea Sairauskassa carries out social personal insurance activities. It acts as a workplace fund, i.e. it reimburses its members for all daily allowances and benefits under the Health Insurance Act that would otherwise be paid by Kela.

Luotea Sairauskassa safeguards the future of each insured person in the event of illness or accident.

The additional benefits paid by the fund are paid on top of the general Kela allowance, i.e. in practice the insured person receives additional reimbursement for services not covered by normal occupational health care.

The Social Insurance Institution of Finland (Kela) granted Luotea Sairauskassa permission to operate as an occupational health fund starting from January 1, 2008. Kela also supervises the activities in accordance with the Sickness Insurance Act (SVL).

Instructions for appealing a decision made under the sickness insurance law are provided as an attachment to the decision.

Luotea Sairauskassa was registered with the Financial Supervisory Authority on September 26, 2007. The Financial Supervisory Authority oversees the operations in accordance with the Insurance Funds Act (VKL) and approves the fund's regulations and any changes to them.

Appeals regarding additional benefit decisions can be made to the Insurance and Financial Advisory Service at Porkkalankatu 1, 00180 Helsinki, phone: (09) 6850 120, website: www.fine.fi. 

The fund partially finances its operations through insurance premiums paid by the insured individuals, which amount to 0.54% of the insured person's wage subject to advance collection. The employer collects the insurance premium during payroll and forwards it to the sickness fund. In 2026, the insurance premium ranges from a minimum of €11,97 to a maximum of €28,81 per month. If the financial situation of the fund requires it, the fund's board can increase or decrease the insurance premiums and the minimum and maximum amounts adjusted by a wage coefficient by up to 30%.

The employer who is a partner in the fund pays a partner's insurance premium. The amount of the partner's insurance premium is the same as the insurance premium paid by the insured individual.

The fund receives funds from Kela for benefits according to the Sickness Insurance Act. Kela also reimburses part of the administrative expenses incurred by the fund.