Fico wants to ban insurers from making profit

PRIME Minister Robert Fico said during a meeting with President Ivan Gašparovič on January 19 that health care insurance companies should not be allowed to make a profit, and that he would like to see all the money raised from health insurance go back into the health care system.

However, if parliament approves such a change to the law on health insurance, private insurers are likely to file suits against the state, the Sme daily reported on January 20.

In Fico's opinion, 4 percent of collected insurance payments would suffice to cover health insurers’ operating costs, while the rest could be re-invested into the system.

"We reject the fact that somebody collects health insurance from people, and takes part of it as profit," said Fico, a former communist.

The PM also wants to require policyholders whose insurance payments are being covered by the state – such as women on maternity leave, children and state employees - to do business with state insurance houses.

There are six health insurance companies on the Slovak market, including two state insurers - Spoločná zdravotná poisťovňa, and Všeobecná zdravotná poisťovňa. Fico’s policy would require over 3 million people out of the overall Slovak population of 5.3 million to register with the state health insurers.

Top stories

Sweden is a European leader in further education, with 34.3 percent of involved adults in 2019.

Further education gives hope, but not to people in Slovakia

Stepping up to world-class further education provision does not end with a strategy, examples from abroad show.


11. jún
An interactive statue by the Love Bank museum in Banská Štiavnica.

Instead of love, "garden gnomes" cause uproar in a Slovak UNESCO town

Your weekly dose of easy reads about Slovakia, including EURO 2020 and geoparks.


11. jún
Recent tax measuresmayhelp to fill state coffers.

Historic deal on minimum global tax of 15 percent. Will it become relevant?

The planned tax reforms are both ambitious and complex; it is already clear that not everything will be enforceable.


23 h