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Achmea uses reserves to limit the increase in 2023 health insurance premiums

Mon, 14 Nov 2022 07:30:00 +0100

Achmea is contributing about € 35 million from its reserves to limit the increase in its basic healthcare premiums for 2023. The aim of this is to contribute to the affordability of the healthcare premium for customers of Zilveren Kruis, De Friesland, Interpolis, Pro Life and FBTO. These brands announced their 2023 premiums on Saturday. The amount mentioned will be charged against the result for the financial year 2022.

The main reason for the increase in premiums is the growth in healthcare costs in 2023. This is due in part to a further increase in the use of healthcare and pay rises for healthcare staff. In addition, the price of materials used by healthcare staff has gone up sharply.

Based on its cooperative identity, Achmea aims for a responsible balance between offering a good health insurance premium to its customers and maintaining a sound financial position for the company.

Achmea uses reserves to limit increase in health insurance premiums

Fri, 12 Nov 2021 08:00:00 +0100

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.

Achmea uses reserves to limit increase in health insurance premiums

Thu, 12 Nov 2020 11:00:00 +0100

Achmea is contributing about € 130 million from its reserves to limit the increase in its basic health insurance premiums for next year. This amount will be charged against the result for the financial year 2020. In this way Achmea is helping to keep health insurance premiums affordable for customers of Zilveren Kruis, De Friesland, Interpolis, Pro Life and FBTO. These brands announce their 2021 premiums today.

The main reason for the increase in premiums is the upward trend in healthcare costs as a result of rises in the labour costs and prices and an increasing use of expensive and specialised medicines.

As a cooperative insurer, Achmea aims to maintain a proper balance between offering competitive health insurance premiums to customers and maintaining a sound financial position. Although Achmea is convinced that structurally offering premiums below cost price is not sustainable, current circumstances, including also Covid-19, demand that we take an extra step to limit the increase in premiums for our customers. The contribution of € 130 million from the reserves is higher than last year, when the contribution was about € 21 million.