VZP releases overdue funds

The state-owned insurance company, the VZP - under forced administration - has begun sending medical facilities overdue payments worth 5.3 billion crowns, the equivalent of around 230 million US dollars. The troubled insurer had been paying doctors and facilities up to 50 days late for clients covered by VZP insurance. According to the Health Ministry, the situation should improve with payments reduced to 15 or 16 days. The move comes at a time Czech doctors have been planning protest strikes. On Thursday, the General Practitioners' Association's deputy head Jan Jelinek said that the association would now consider whether or not to end strike alert.

Author: Jan Velinger