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Largest Czech health insurer VZP runs out of cash

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The Largest Czech health insurer, state-controlled General Health Insurance (VZP), says it is spending all income as soon as it is received and its reserves would not cover even two days of operation: as a result, the insurer says it may make late payments to doctors’ surgeries and hospitals for patient treatment — and pledges to raise doctors salaries may have to be abandoned.

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