Czech public health insurers see revenue growth

The total revenues of Czech public health insurance providers reached CZK 281bn (€11bn) in 2017, an increase of CZK 20bn (€783m) year on year, E15 reported, attributing the growth to growing salaries, low unemployment and the favourable economic situation in the country.

At the same time, total expenses of public health insurers increased only by CZK 13.9bn (€544.3m) and insurers used the difference to increase their reserves. The highest, 7.2% or CZK 8.7bn (€340.7m) increase of expenses was seen in spending on hospitals.

The Czech Health Ministry expects that revenues of public health insurers will continue to grow over the next few years, and will exceed CZK 300bn (€11.7bn) in 2018.