VšZP wanted to transfer its assets to sub-company

General Health Insurance Company (Všeobecná zdravotná poisťovňa – VšZP) wanted to transfer its assets to company’s subsidiary. VšZP and the Ministry of Health wanted the Government to decide on the establishment of a subsidiary company of the state-owned insurance company VšZP. VšZP proposed to establish a subsidiary LLC and transfer its assets to it. The sub-company would manage it and the insurance company would hire it. After criticism, however, MoH stopped the proposal.