A spokesperson for the DAK, a German health insurance provider, has called for swift action from the newly elected federal government to address the financial situation of the statutory health and long-term care insurance.
According to the spokesperson, Andreas Storm, the financial situation of the insurance is disastrous, with reserves almost entirely depleted. Storm emphasized the need for the government to quickly recognize the urgency and scope of the financial problems and take immediate action to stabilize the funds.
Storm suggested that the Chancellor, Health Minister and representatives of the insurance companies should participate in a health and long-term care summit at the Chancellery within the next two months to address the financial crisis.
In the short term, the spokesperson called for an “immediate program” to include a higher federal subsidy and to halt the unconstitutional financing of the hospital reform by the insurance companies. The long-term care insurance, Storm added, is entitled to a reimbursement of around six billion euros in Corona-related expenses.
Storm also warned that, if not addressed, further premium increases for some health insurance companies could be expected in the coming months.