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Private Health Insurance: Higher Contributions for Private Insurers: This is how much the costs differ between providers

Millions of privately insured individuals will have to prepare for higher premiums. How much costs rise varies significantly depending on the provider.

Translated from German Read in German

Private Health Insurance: Higher Contributions for Private Insurers: This is how much the costs differ between providers

Millions of privately insured individuals in Germany can expect higher health insurance premiums next year. According to the Verband der Privaten Krankenversicherung (PKV), around 53 percent of those fully insured will face increased contributions, with an average rise of 13.4 percent. The PKV cites rising healthcare expenditures as the reason, with private health and long-term care insurers spending 42.1 billion euros on benefits last year, a 7.2 percent increase from the previous year.

Debeka, the market leader, has confirmed that around 700,000 of its 2.6 million fully insured customers will see premium increases of 6.7 percent on average.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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