Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Czech public health insurance system not sustainable

Share on facebook
Share on twitter
Share on linkedin
Table of Contents

Prague, Nov 2 (CTK) – The Czech public health insurance system made a profit of 580 million crowns in 2015, but it is not sustainable, according to a report that the government approved on Wednesday, its spokesman Martin Ayrer writes on Twitter.

Last year, the revenues of the public insurance system were 252.6 billion crowns and the expenditures were 252 billion crowns.

Despite the marked economic growth, the sum on the health insurance account only increased by 1.4 percent to 15.3 billion crowns.

The system remains vulnerable to negative shocks, not only in form of the return of economic recession but also a more significant slowing down of the economic growth. As a result, further sources need to be sought for its stabilisation, the report says.

Health Minister Svatopluk Nemecek (Social Democrats, CSSD) wants to introduce a regular increase in the health insurance that the state pays on behalf of children, students and pensioners, but Finance Minister Andrej Babis (ANO) is against it.

Last year, the state paid 61 billion crowns for these groups, or one fourth of the total health insurance payments.

Czech health insurance companies registered 10.4 million clients in 2015. The biggest General Insurance Company (VZP), with 5.9 million clients, and the OZP made a profit last year, while the financing of all the other insurers showed a deficit.

most viewed

Subscribe Now