French health insurance on the mend, slowly

8th June 2006, Comments 0 comments

PARIS, June 8, 2006 (AFP) - The French social security system is likely to post a deficit of EUR 10.3 billion this year, above the government's target of EUR 10 billion, a report from the agency's accounting commission revealed Thursday.

PARIS, June 8, 2006 (AFP) - The French social security system is likely to post a deficit of EUR 10.3 billion this year, above the government's target of EUR 10 billion, a report from the agency's accounting commission revealed Thursday.

The deficit would nonetheless be lower than the shortfall of EUR 11.6 billion posted in 2005.

A sharp increase in healthcare spending for senior citizens accounts for most of the budget overshoot, the agency said, with the 2006 deficit in this category now seen at EUR 2.2 billion, up from 1.9 billion last year.

For the core health insurance regime, the deficit should narrow to EUR 6.3 billion in 2006 from 8 billion a year earlier.

In Lyon, President Jacques Chirac told a congress of mutual health care providers that "the target of reaching a balance by the end of 2007" in the national health insurance system "will be met".

Copyright AFP

Subject: French news

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