Generali appeals against health insurance premium cap in Slovenia

June 19 (SeeNews) – Italian insurer Generali has filed an appeal with Slovenia’s Supreme Court demanding that the cap on supplementary insurance premium be scrapped, local media reported.

The 35.67 euro ($39.0) upper price limit for supplementary health insurance has a negative effect on the operations of the company, as it is not sufficient to cover all obligations amid the higher costs of medical services, the STA news agency quoted sources from Generali as say.

Earlier this year, Slovenia’s Appeals Court dismissed an appeal by Generali, Triglav and Vzajemna against the price limit, set by the Slovenian government in mid-April.

“Since the law has not been developed in relation to price control measures in the field of supplementary insurance, the decision of the administrative court will have to be reviewed by the Supreme Court, where we filed an appeal,” STA quoted sources from Generali as saying.

Slovenia’s government issued in the middle of April a decree for setting the maximum price of supplementary health insurance after the Generali announced an increase in the monthly premium by more than 30% to cover higher costs for medical services. Shortly afterwards, insurers Triglav and Vzajemna also announced the possibility of increasing their premiums.

The health committee in Slovenia’s parliament recently adopted an amendment to delay the start of implementation of the decree from September 1, 2023, to January 1, 2024.

($ = 0.91426 euros)

Zavarovalnica Triglav dd is among the biggest insurers in SEE. You can download our SEE Top 100 ranking here or subscribe to our free Top 100 newsletter here

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