Insurance coverage

Private health insurance coverage down 20% due to GESY, KNEWS

Forecasts of a decline in private health insurance coverage following the implementation of the second phase of the General Health Plan have been slow to materialize. Experts predicted an immediate drop in private health insurance after the second phase was implemented in June 2020, but the Covid-19 pandemic appears to have delayed developments – admittedly negative – for the industry. As K knows, from about 275,000 private health insurance policies, they have decreased by 20% to about 220,000, because citizens are now covered by GESY services and consider private health insurance services as “of luxury”, even useless.

From June 1, 2020, the second and final phase of setting up the GESY included all other health services, such as hospital health care, care by other health professionals (clinical dietitians, occupational therapists, speech therapists, physical therapists and clinical psychologists), nurses and midwives, A&E services, ambulance services, dentists, palliative care and medical rehabilitation.

There had been no significant decrease in private health insurance coverage prior to the first phase of implementation of the GESY, which provided for the introduction of outpatient health care, i.e. the provision of health care services by personal and specialist physicians, pharmacists and laboratories as of June 1, 2019. .

Contributions for the first phase began on March 1, 2019 and contributions for the full implementation of the GESY began on March 1, 2020. Due to the Covid-19 pandemic, the contribution rates remained unchanged for three months , until March 2020.

[This article was translated from its Greek original]