PKV increases contributions from 2014

Private health insurance will increase its contributions from 2014

28/11/2013

As in previous years, many private health insurances (PKV) will again increase their contribution rates in 2014. Already in 2013, these increased in the double-digit range for many insured persons. Even if only insignificant increases will be granted to those insured this year, those affected will end up with less in their wallets. This could be a problem for many older people who do not receive an employer's allowance for their health insurance.

The step into the private health care should be well considered in view of the increasing contributions in old age, because once you are a member of a private health insurance, a change back to the statutory health insurance system is difficult to complete. Accumulated retirement provisions are usually lost and the accumulated capital is then no longer available as a financial cushion for higher costs in old age. Insured persons from the age of 55 can not switch back to a statutory health insurance due to the undercut of the insurance limit.

The pricing is based on the expenditure of private health insurance
The pricing of the insured contributions is largely determined by the expenses of the insured for their care in the event of illness. If the insured claim more medical care, the contributions will accordingly adjust upwards. But what can be done if the contribution increases are no longer affordable? In this case, one should first look for alternatives at the current provider. Thus, the renunciation of additional benefits, one way to cushion the contribution increase.

By the§ 204 Insurance Contract Act (VVG), insured persons have the opportunity to switch to a cheaper rate with their private health insurance. If, however, you are entitled to higher insurance benefits due to the new tariff - for example, instead of the two-bed room in the hospital, you can be accommodated in a single-bed room - the health insurance funds may request a new health check. Should it turn out then that the insurance risk has increased, a higher contribution may be required. Here it is important to look carefully and not from any „cheap offers“ to lure. Because in the end, as always, the insured pays the bill. (Fr)

Image: Benjamin Klack