Health insurers in need: Germany is there a insolvency?

Health insurers in need: Germany is there a insolvency?

Deutschland - The Situation of health insurance companies in Germany has intensified dramatically, warn leading representatives of the industry. According to Andreas Storm, the CEO of the German employees (DAK), the financial situation is "catastrophic" and could soon lead to the domino effect, where several health insurance companies slip into the insolvency. Storm illustrates the severity of the crisis by comparing the current situation with the 2008 banking crisis and emphasizing that a collapse of health insurers with over a million insured persons could endanger the entire healthcare system. This reports, among other things, the Austrian news .

The financial situation is alarming, especially in long -term care insurance. The estimates of the health insurance companies for the deficit in 2024 amount to over six billion euros, which is far above the original expectations of the health insurers. Jens Baas, the head of the Techniker Krankenkasse (TK), criticized that politics would remain idle in view of the ongoing financial problems. He indicates the considerable difference in cost that the health insurers have to bear for the citizens' allowance. With a subsidy of 100 euros per citizen of the citizen, costs of over 300 euros would incur, which means that the difference must be taken over by insured persons and employers, while privately insured persons are left out. This information was published in an article of the Stuttgarter Nachrichten. The situation becomes particularly critical because the reserves of the health insurance companies are at a historical low. Currently, these can only cover the expenses for about 2.5 days. Storm therefore demands rapid political countermeasures to directly stabilize the health insurance companies. He points out that the continuing deficits also affect the statutory care funds, which are expected to achieve a deficit of 1.54 billion euros in 2024. The increase in the increase in contributions at the beginning of the year is expected to not be sufficient to ensure financial stability.