Health insurers earned €3.7 billion in 2012

Health insurers’ profits grew in 2012, exceeding €90 million, which is a third more than in the previous year. The private health insurer Dôvera, owned by the Penta financial group, achieved the highest profit, but the state-run Všeobecná Zdravotná Poisťovňa (VšZP) did well too, earning €26 million last year, the Sme daily wrote.

Health insurers’ profits grew in 2012, exceeding €90 million, which is a third more than in the previous year. The private health insurer Dôvera, owned by the Penta financial group, achieved the highest profit, but the state-run Všeobecná Zdravotná Poisťovňa (VšZP) did well too, earning €26 million last year, the Sme daily wrote.

Insurers say that for now the owners will not retain the profits, and that the money will be directed to funds. If the state decides to purchase or expropriate private health insurance companies it might pay more for them due to their higher profits. The government of Robert Fico wants to create a single health insurer as early as next year, according to Sme.

The TASR newswire reported that last year, health insurers collected €3.7 billion, which is €214 million more than the previous year. All insurers on the market experienced a year-on-year increase, amounting in total to more than 6 percent. This stems from the Report on the State of Executing Public Health Insurance for 2012, acknowledged by the government on July 3. The SITA newswire also wrote that VšZP’s profits increased by €20 million, Dôvera’s profits by €8.6 million and Union’s profits by almost €6 million.

The total cost of health care rendered amounted to €3.5 billion in total, which is an increase of €142 million in annual terms.

(Source: Sme, TASR, SITA)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Get daily Slovak news directly to your inbox

Top stories

Orava and Bardejov in the spotlight. Nationwide testing is go in four districts

Thousands of people turned out to get tested on the first day.

Testing in Oravský Podzámok, under Oravský Hrad castle.

News digest: Testing is go, several MPs positive

Slovakia-style lockdown starts tomorrow. Take a look at the latest development in our news digest.

Disinfecting the testing site in Trstená, Orava.

No test, no work. Employees will have to take paid or unpaid leave

Those who will be quarantined with a positive test result will be entitled to pandemic sick leave.

Illustrative stock photo

Prominent prosecutor charged and suspended

Dušan Kováčik faces corruption and other charges.

Dušan Kováčik in handcuffs after the police arrested him on October 22.