IOBE   |   Research Activities   |   Press Office   |   Supporters Club   |   Contact
Research Activities
 
Compensation cost indicators of long-term hospital insurance programmes for the years 2011-2020
 
Category: Microeconomic Analysis
SubCategory: Health
Date: 10/11/2021
 
The scope of this study is to estimate indicators for monitoring the compensation cost of personal hospital insurance programmes. These indicators exclusively concern guaranteed renewable programmes. They measure the annual percentage changes of the average expenditure of the health insurance market as a whole. The study is based on data collected from 14 insurance companies for the period 2011-2020. The analysis of the data shows that the loss incidence across the portfolio decreased to 15.8% in 2020, from 17.4% in 2019, as a result of the trend in avoiding or postponing planned hospitalisations due to the pandemic. Correspondingly, the average compensation cost increased to EUR 4.1k, up from EUR 3.7k in 2019, as treatment during the pandemic concentrated on more serious cases that could not be postponed. The change in these two parameters led to a moderate increase of 1.4% in the Single Health Index in 2020.
 

 
Browse our Research
 
  IOBE
Aims & Functions
Organization Chart
Sponsors
Reports
Library
        Report on the Greek Economy     Business and Consumer Surveys     Press Office
Announcements
Press Releases
    Supporters Club
Aims
Management Board - Charter
Contact Info - Registration Form