Health insurer CZ is increasing the premiums for its basic health insurance by 7.5 percent, or 7.90 euros. The total basic health insurance premium for 2017 amounts to 112.85 euros, the insurer annoucned on Wednesday, ANP reports.
According to CZ, the premium comes in below cost. The insurer expects to spend an average of 125.20 euros per insured person next year. CZ will make up the difference from its own reserves, for which CZ put aside 420 million euros. That is 40 percent of the insurer's reserves - CZ's weallth minus the financial buffeer it has to keep according to law.