Achmea uses EUR 300 million of reserves to make health insurance premiums more affordable for customers

1 December 2021


ICMIF member Achmea (Netherlands) is contributing about EUR 380 million from its reserves to limit the increase in the basic healthcare premiums for 2022. Of this amount, about EUR 300 million will be charged against the result for the financial year 2021. In this way Achmea contributes to the affordability of health insurance premiums for customers of Zilveren Kruis, De Friesland, Interpolis, Pro Life and FBTO. These brands announced their 2022 premiums ealier this month.

The main reason for the increase in healthcare premiums is the growth in healthcare costs in 2022. This is caused by the expansion of the basic health insurance cover, pay rises for healthcare staff, higher prices and increasing use of expensive and specialised medicines.

Given Achmea’s cooperative identity, it aims for a proper balance between offering competitive health insurance premiums to its customers and maintaining a sound financial position for the company. Thanks to the improved results of its health business, Achmea has been able to take an extra step this year to ensure that the increase in premiums remains limited. The improved results were due mainly to deferral of elective care and additional funding from the government’s Covid-19 disaster scheme. The contribution of about EUR 380 million to the premiums from the reserves is higher than for 2021, when it was EUR 136 million.

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