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Showing posts with label Healthcare Insurers. Show all posts
Showing posts with label Healthcare Insurers. Show all posts

November 19, 2013

The Netherlands: The Netherlands: Health Insurers have also become too big to fail

Health insurers like banks have also become too big to fail '. That says Chris Oomen, CEO of health care provider ' Achmea.  In 2008 it received state bailout funds and today controls one third of that tmarket ',

"Assume Achmea goes down -  there will be no health care provider which is able to accept our insured in the Netherlands, because no one has enough equity to take on our 5 million customers. That requires so much capital, that you will become bankrupt immediately. We have therefore also become  'too big to fail.' says Oomen.

According to Oomen hospitals now also fall in this too big to fail category in the Netherlands.


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