Poor sales signal shake-up in Hungary's health insurance marketBMJ 2001; 323 doi: https://doi.org/10.1136/bmj.323.7305.128/c (Published 21 July 2001) Cite this as: BMJ 2001;323:128
- Carl Kovac
While one of Hungary's top insurers is pulling out of the healthcare insurance market, another is staking a claim in the sector in anticipation of healthcare reforms expected after next year's national elections.
Hungária Insurance, the country's largest insurance company issuing policies other than life insurance, is no longer issuing health insurance policies, citing poor sales and a surge in claims.
“Hungária won't cancel its existing contracts but won't sign new ones either,” said Mihály Patai, the company's chief executive officer.
Hungária commanded 20% of the annual health insurance market—worth …