Insurance companies refuse the reduction of administrative costs

Health insurance companies refuse the proposal of Ministry of Health, which wants to reduce the limit for their administrative costs. MoH proposed such amendment to the Act on health insurance, which should enter into force in April this year. Reason of the change should be a need for additional financing of the sector and increasing of funds intended for payments for health care. Insurance companies do not like the change of current formula for calculation of limit for their administrative costs.