Greece: Health Insurance Premium Crisis
- Written by: iPMI Global
- Category: Country Guides
Greek health insurance premiums will allegedly increase by 14% in 2025, affecting approximately 1.2 million private health insurance policyholders and prompting significant government intervention. Insurance companies justify the hikes, citing rising healthcare costs and a loss ratio exceeding 100%, but the opposition party, PASOK, criticizes this as unfair and lacks transparency. The government is responding by replacing the current premium index with a new one and investigating potential anti-competitive practices within the insurance industry, aiming to mitigate the impact on citizens. Several policy changes are also being considered to improve the situation.