Czech News Daily

Insurance companies running out of money

At the end of 2010, the economic crisis will fully hit also the Czech health care, which has been resisting it for two years. Its impact will probably be very hard, because VZP and some smaller insurance companies will run out of the multi-billion surpluses they saved during the previous three years. Unless something changes, they will start to get into debts due to the high costs of health care and lower insurance premium collection. What it means for patients is that health care restrictions, similar to those in 2005 and 2006, may apply as soon as in spring 2011.  Source HN 1