Misinvestments: Health Insurance Companies May Face Billions of Losses
5 Articles
5 Articles
The statutory health insurance companies have lost much more money in risky investments than previously assumed. According to reports, the amount is at least 1.1 billion euros.
By law, health insurance companies are obliged to exclude losses in financial investments as far as possible. However, in many cases a lot of money has been lost – how much is still open.
Health insurance companies could probably lose a lot of money due to risky investments in real estate projects. Now the Federal Government estimates for the first time possible damage. By Markus Grill and Nils Heck.
Research has revealed risky misinvestments from health insurance companies. Now, a Federal Government response shows how high the losses could actually be.
New government figures show the extent of risky real estate investments by health insurance companies: 400 million euros are already worth-adjusted and further losses are threatened. According to the Federal Office for Social Security, the damage could rise to 1.1 billion euros.
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