Sickness insurance in surplus last year after years of deficits

The sickness insurance system bounced back from a downturn last year, ending with a surplus of CZK 10.2 billion. Employees, employers, and some sole traders contributed more than CZK 57.7 billion in premiums, an increase of nearly CZK 15 billion compared to the previous year.

Sickness benefits paid out also rose by over CZK 47.5 billion compared to the prior year, according to data from the Czech Social Security Administration. The increase in insurance premium collections is attributed to the return of sickness levies for employees and a higher number of employers and workers.