Austrian health insurance sector recorded a small deficit

Politics ♦ Published: May 17, 2010; 00:00 ♦ (Vindobona)

After last year’s surplus Austria’s 19 health insurance companies are expecting a minor deficit in 2010. According to May’s forecast a €11.8m decline is expected at an overall budget of 14.5 billion euros.

Austrian health insurance sector recorded a small deficit / Picture: © SVA Sozialversicherungsanstalt

In February a deficit of €44.8m was expected, while a year ago experts even feared a €376m deficit.

Hans Jörg Schelling the director of the association of health insurances argued that measures of consolidation are in fact fruitful without compromising the budgetary supply for patients.

The improved efficiency of at issuing prescriptions was particularly commendable…

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