The factors that shape the cost of a hospital insurance policy for an insurance year are as follows:
- Age and occupation: the premium increases according to the age and the risk of the profession
- The place of permanent residence: the conditions of permanent residence affect the insurance premium according to the risk of diseases and accidents
- Maximum coverage: the premium increases according to the amount of the coverage capital
- Exemption / participation of the insured: the insurance premium decreases as the participation of the insured in the medical expenses increases
- Hospital position: the premium increases according to the coverage position
- Use or not of social security: if the insured also uses public insurance then the premium is reduced
- Assessment of health statements on initial application: Certain medical problems when accepted for insurance add a surcharge to the premium.
- The average cost of hospitalizations such as the prices of medicines, medical supplies, doctors’ fees, bed prices, costs of diagnostic tests, scientific methods of diagnosis and treatment, medical technology of hospitals, etc.
- The frequency of incidents that are reimbursed, according to official statistics of the company and the Greek and International Organizations
- The loss ratio, which results from the cost-loss ratio for the same type of benefits and coverage portfolio.
- The financial cost of the company for the supply
- The pricing of the supply, according to an internationally accepted actuarial technique
- Other factors
Find out in detail from the ombudsman and your company.
