Sickness Fund / Private Sector Relief Fund

What is the BHM Sickness Fund / Private Sector Relief Fund?

The Sickness Fund / Private Sector Relief Fund is for members of BHM employed in the private sector. The right to allocations from the Sickness Fund / Private Sector Relief Fund is contingent on prior payment into the fund for a period totalling 6 months, thereof 3 consecutive months before the occurrence of the event leading to an application for fund allocations. If a member's contributions are less than 3,000 ISK a month, they are entitled to half the allocations. The employer should pay into the fund on their employees' behalf. Self-employed members can pay directly into the BHM Sickness Fund / Private Sector Relief Fund.

Expenses covered by the BHM Sickness Fund / Private Sector Relief Fund

  • Patient's daily expenses
  • Physical exercise subsidy
  • Physical and psychological treatment
  • Spectacles grant:
  • Maternity/paternity grant:
  • Cancer screening
  • Risk assessment from the Icelandic Heart Association
  • Laser procedures
  • Hearing aids
  • Dental repairs
  • In-vitro fertilisation treatment
  • Hearing aid grant
  • Death benefits
  • Work-related accidents or unexpected termination
  • Grant for travel expenses incurred due to adoption of children

How to apply

  • Applications are made through “Mínar síður” (My BHM). Sign in with Icekey (Íslykill) or digital ID.
  • Invoices and receipts must be submitted in order for payment to be made.
  • Payments are made every Friday.
  • Fund allocation rules