The value of claims paid on voluntary health insurance policies amounted to 15.323 million leva (7.8 mln euros), compared with 12.599 mln leva (6.4 mln euros) in 2006, or a 21.6% growth year on year.
The amount of gross health insurance reserves (the amount of funds necessary for covering future claims) is up 51% in 2007 to 10.377 mln leva (5.3 mln euros).
The technical result of the companies in the sector of voluntary health insurance was negative, at -4,986 leva.
Broken down to different types of insurance packages, only the following recorded a positive result for the year: “Other health insurance packages”(964,000 leva), “Medical assistance”(326,000 leva), “Medical assistance services in relation to household or other conditions” (211,000 leva).
Assets in the sector rose 54.6% in 2007 to 45.243 mln leva (23.13 mln euros). At the end of the year, the sector's capital was up 36.5% y/y to 27.969 mln leva (4.3 mln euros).
The packages “Other health insurance” and “Medical assistance outside hospitals” account for the largest share in the gross revenues, respectively, 32.21% and 21.03%.
The number of clients of the voluntary health insurance companies stands at 263,754 as at the end of 2007, compared with 374,289 at the end of 2006.