| Research Activities |
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| Compensation cost indicators of long-term hospital insurance programmes for 2021 |
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Category:
Microeconomic Analysis
SubCategory:
Health
Date: 07/12/2022 |
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| 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 12 insurance companies, which manage 14 insurance portfolios, covering almost the total market for personal hospital insurance programmes with a guaranteed renewal.
The analysis of the data shows that the loss incidence across the whole portfolio increased to 16.4% in 2021, from 15.8% in 2020. Meanwhile, the average compensation cost increased slightly to EUR 4,141, from EUR 4,097 in 2019. The change in these two parameters led to an increase of 5.7% in the Single Health Index (SHI) in 2021. However, without the age effects, the SHI marginally declined, by 0.4%. |
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