Achmea uses reserves to limit increase in health insurance premiums

Achmea is contributing about €380 million from its reserves to limit the increase in the basic healthcare premiums for 2022. Of this amount, about €300 million will be charged against the result for the financial year 2021. In this way Achmea contributes to the affordability of health insurance premiums for customers of Zilveren Kruis, De Friesland, Interpolis, Pro Life and FBTO. These brands will announce their 2022 premiums today.

The main reason for the increase in healthcare premiums is the growth in healthcare costs in 2022. This is caused by the expansion of the basic health insurance cover, pay rises for healthcare staff, higher prices and increasing use of expensive and specialised medicines.

Given our cooperative identity, we aim for a proper balance between offering competitive health insurance premiums to our customers and maintaining a sound financial position for our company. Thanks to the improved results of our health business, we have been able to take an extra step this year to ensure that the increase in premiums remains limited. The improved results were due mainly to deferral of elective care and additional funding from the government’s Covid-19 disaster scheme. The contribution of about €380 million to the premiums from the reserves is higher than for 2021, when it was €136 million.