According to paragraph 196.1.3 clause 196.1 of Art. Chapter 196 V PKU is not subject to VAT taxation of transactions with:provision of insurance, coinsurance or reinsurance services by persons licensed to carry out insurance activities in accordance with the law, as well as services of insurance (reinsurance) brokers and insurance agents related to such activities;provision of services for mandatory state social insurance (including pension insurance), non-state pension provision, attraction and maintenance of pension deposits and accounts of participants in banking management funds, administration of non-state pension funds.Taking into account the above, the operation of medical insurance of its employees at the company’s expense does not lead to VAT tax liabilities.
Source: od.tax.gov.ua
