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Germany Health Insurance Companies Warn of A Financial Gap of 17 Billion Euros

by Financial Economy

Germany health insurance companies warn of a financial gap of 17 billion euros. According to a media report, the Germany health insurance companies should actually double their additional contributions in 2021 – but the grand coalition has forbidden them. The financing hole must be filled with tax money.

Germany Health Insurance Companies Warn of A Financial Gap of 17 Billion Euros

Due to the corona pandemic and the economic downturn, the health insurances are expected to lack 16.6 billion euros in the coming year to keep the contribution rates stable. The newspapers of the “Redaktionsnetzwerk Deutschland” (RND) report that this is based on a financial forecast that the central association of health insurers agreed with the Federal Ministry of Health on a technical level.

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According to the calculations, the average additional contribution would actually have to be doubled from the current 1.1 percent to 2.19 percent in order to close this gap. However, the federal government decided to stabilize social security contributions at a maximum of 40 percent during the crisis.

According to the coffers, the shortfall would therefore have to be compensated with tax money from the federal budget. “In order to avoid a nationwide increase in additional contributions in the coming year, an extra federal subsidy for the health fund is needed for 2021,” said the head of the National Association of Statutory Health Insurance Funds, Doris Pfeiffer, on Friday after a conversation with Federal Health Minister Jens Spahn (CDU).

An Increase of 1.3 Billion Euros in the First Half of the Year

The health fund is the money collection and distribution point for the health insurers. It is fed by the insurance contributions and federal subsidies. In the first half of the year, the cash registers posted a total increase of 1.3 billion euros. The background to this is the significantly lower expenses for treatments in practices and hospitals, and many operations have been canceled.

Source: https://www.spiegel.de/

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Jimy 6 September 2020 - 21:57

deustchland healt system or germany what do you want of money crisis healt sector?

Marco 7 September 2020 - 09:56

germany population 2021 money what per o-clock?

Huracan 7 September 2020 - 12:12

Best system germany health in Europa and than in world i think so economy system germany is first


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