Rules of All­oca­ti­on

The provided text is an excerpt from the official allocation rules of the Fund. These rules are available for download as a PDF file , and in case of any inconsistency between the provided extract and the complete rules, the information outlined in the official document takes precedence. For specific details about individual grants and their corresponding amounts, it is advised to refer to the official allocation rules document.

Applications

You can apply for a grant to the fund through My BHM (Mínar síður).

When applying for a grant from the Fund, it's important to submit the relevant documents electronically along with the application. The required documents are crucial for a Fund member to receive the grant. For information about the specific documents required for each grant category, you can refer to My pages or the Fund's allocation rules.

In most cases, the necessary documents consist of itemized invoices with the applicant's name that have been duly paid by the Fund member. The invoice should include details about the issuer of the invoice, the number of treatments or purchases, and the corresponding dates. If the invoice doesn't indicate payment, a payment receipt must be provided along with the application. Please note that the Fund reserves the right to request an original invoice before making any reimbursements.

Processing of applications

Applications are typically reviewed and processed on a weekly basis. It's important to note that the eligibility for grants from the Fund expires if applications are not submitted within 12 months from the date of expenditure. Additionally, the right to grants from the fund ends 3 months after the last premium fee payment to the Fund.

Sickness per diem allowance is generally disbursed at the end of each month, covering a maximum of three calendar months retrospectively, based on the month of application.

Fund membership

Typically, a fund member's eligibility for grants from the Fund hinges on the payment of premium fees for a Fund member over a period of 6 months, which includes a continuous period of 3 months before the event triggering the grant application, loss of income, or covered expenses occurs.

If a Fund member's monthly premium fee amounts to ISK 3,000 or more, they are entitled to a full grant. However, if the monthly premium fee is below ISK 3,000, the Fund member qualifies for a half-grant.

Membership retained:

• During maternity/paternity leave: Fund members who take maternity/paternity leave and choose to continue paying their union fees during their leave maintain their full rights.
  
• During illness: Fund members who have fully utilised their rights to sickness per diem allowance shall continue to enjoy other rights to the Fund for one year, providing that they do not establish such rights elsewhere.
  
• During unemployment: Fund members maintain their rights in the Fund at the start of unemployment for up to one year, provided that union dues are paid. Unions are permitted to extend this period as long as the member receives payments from the Unemployment Insurance Fund (Atvinnuleysistryggingasjóður - Labour Market Directorate).
  
• During unpaid leave: Fund members keep their rights during unpaid leave for up to 6 months, provided that they start working again. Sickness per diem allowance is not granted for illness during unpaid leave.
  
• At the end of employment: Fund members keep their rights for 12 months after they retire from work and start receiving pension. Sickness per diem allowance is not paid for more than 3 months.

The rules of allocation allow for the transfer of accrued rights between sickness funds managed by BHM. For further details, kindly get in touch with the service desk.