Joint social protection groups, co-managed by employers and unions, raised concerns on Friday about the worsening of their supplementary health results due to the continuous rise in French health spending. Marie-Laure Dreyfuss, the general delegate of the CTIP, which represents these groups, highlighted the sharp increase in health expenditure that is affecting both the groups and Health Insurance. The CTIP members experienced a 6.6% increase in “health” reimbursements to 6.7 billion euros, while their contributions only rose by 6% to 7.5 billion euros.
Despite efforts to address the situation, supplementary health insurance was unable to fully recover after the post-Covid surge in French health spending in 2022. Medical fees accounted for half of the increase in joint supplementary health spending in 2023, with a notable increase in optics and dental care costs as well. However, the joint groups managed to remain profitable through their financial products, pension activities, and supplementary pensions, with a net profit of 624 million euros in 2023.
The personal protection activities saw a 10.6% increase in turnover to 7.8 billion euros, while the “supplementary pension” activity witnessed an 8.7% rise in contributions to 1 billion euros. Overall, the joint groups maintained profitability despite the challenges in the health sector.
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Overall, despite facing challenges due to rising healthcare costs and other factors such as inflation and economic uncertainty