SUBIC: Government intervention for prices in health insurance

Government intervention on the price issue in the pre-announced by Ministry of Finance spokesman Homer Chapalos, speaking today (9,1.2024) at Action24. He was also the chairman of the Professional Chamber of Yannis Hatzitheodosiou who once again raised the issue of increases in health insurance prices. The Ministry representative replied: “Obviously the issue concerns us too, collectively as a government. Obviously there are very high price increases in premiums we have been paying in recent months and we will obviously have to and will have to, we will be working on and working on a plan to present it when the time comes to regulate and intervene in a fair way on this piece.” Mr. Hatzitheodosiou pointed out that “the moment is now, because now the 2025 increases will be announced”, with Mr. Tsapalos responding that “time will not be long” and at another point stating: “the government has a mission to identify distortions, excesses and to come and intervene. We did it with the banks. We’re considering a plan. It’s only a matter of time. As we did with banks, so we will do it in this industry and in any other branch such excesses arise.”