Expenses for insurance claims
Who spends the most on treatment costs?
The loss ratio in private health insurance indicates the proportion of a year's premiums spent on insurance benefits and aging provisions. To calculate the loss ratio, the expenditure for insurance benefits is divided by the earned gross premiums. Multiplying by 100 yields the percentage. A low claims ratio could mean the company should lower its expenses for administration and acquisition.
EXPENSES FOR INSURANCE CLAIMS OF PRIVATE HEALTH INSURANCE COMPANIES
| Private health insurance | Damage ratio |
|---|---|
|
88.4 % |
|
87.2 % |
|
86.4 % |
|
84.8 % |
|
83.6 % |
|
82.4 % |
|
81.5 % |
|
80.4 % |
|
79.1 % |
|
76.9 % |
|
72.7 % |
|
72.4 % |
|
72.1 % |
|
72 % |
|
71.5 % |
|
70.3 % |
|
69.6 % |
|
69.4 % |
|
68.4 % |
|
68.2 % |
|
66.9 % |
|
63.3 % |
|
61.4 % |
|
60.2 % |
|
59.3 % |
|
|
58.5 % |
|
52.5 % |
|
52.5 % |
|
49.8 % |
|
47.9 % |
|
47.3 % |
|
35.3 % |