For customer service and all business enquiries, call +1 441 295 5566  |  For website support or to set up an online account, call +1 441 298 0301

The application process for the one-time Pension Withdrawal of up to $6,000 per the COVID-19 Pension Act Amendment is open. Click here for details or to apply
For questions regarding the pension withdrawal, call +1 441 298 0358 or email

Back to FAQs

What is the Mutual Reinsurance Fund (MRF) and what does it cover?

MRF is a fee that is legislated annually by Government, and payable by every employee and non-working spouse with active health insurance coverage. The Government’s Health Insurance Department administers the funds, which are collected by Insurers on Government’s behalf.

Currently, more than 69% of the MRF fee is allocated towards funding the Government’s $330 million block grant to the Bermuda Hospitals Board (BHB). The remaining funds are used to support Government administered plans (HIP and Futurecare), for high dollar claims services provided by the BHB, such as those associated with kidney dialysis and transplants, as well as for funding operational costs of the Bermuda Health Council.

More Health FAQs

Didn't find what you were looking for?

Call a BF&M representative for more information.