Country’s largest insurer agrees on 2016 plan

The executive council of the country’s largest insurance company VZP agreed on its health insurance plan for 2016, the board’s chairman Jiři Běhounek announced on Monday. The insurer, he said, would provide 152.8 billion crowns for health care in 2016, a rise of four percent year-on-year, for almost six million clients. For the second straight year the company fill reserve funds; the insurer is also counting on rising costs in treatment. The firm will now send the proposal to the Health Ministry. It will have to be approved by the government and later in Parliament.

Author: Jan Velinger