Due to the increase in claims and galloping inflation, insurers committed in September to moderate their rates for 2022 and 2023. Malakoff Humanis, France’s leading group health insurer, confirms its pledge through Thomas Saunier, its CEO.
Since the beginning of the year, France has recorded a number of major climatic events (drought, heat, hail, storm) which have caused numerous claims. Added to this is inflation, which according to INSEE reached 5.6% in September. To cope with this loss ratio, the government says it spent 5.2 billion euros between January and August, up from 3.5 billion euros a year on average since 2017.
Malakoff and the insurance world next to the French
But that’s not all. The state has also called on all sectors of activity to take measures to preserve the purchasing power of the French. It is in this context that on September 20, in the presence of the Minister of Economy, Bruno Le Maire, the insurance world undertook to do everything possible to limit the development of prices below inflation in 2022 and 2023. does not exclude that certain contracts increase faster in accordance with each individual insured profile.
In an interview with L’Argus de l’assurance at the beginning of October, Thomas Saunier, the general director of Malakoff Humanis, confirms this promise to his group. He reminds that the mutual “necessarily will raise its prices on January 1, 2023, especially in individual health, respecting the commitment not to exceed inflation on average”. He explains that these “increases are linked to the sharp rise in health care costs”. These mainly come from hospitalization, the impact of inflation on equipment and the weight of the 100% health reform.
Individual measures to support the collective commitment
Regarding the welfare and health collective, Thomas Saunier clarifies that Malakoff Humanis must “continue with index adjustments, even though the contributions based on the wage sum will benefit from increases in remuneration”. He adds that “everything will depend on the development of PMSS”, but that “these indexes will be higher than 3%”. All these promises will be accompanied by other indispensable measures. During the meeting with Bruno Le Maire, the insurance companies also made individual commitments to strengthen their collective efforts.
Malakoff Humanis is at the forefront of this movement, due to its status as the best company on the social criterion. The group has decided to propose a measure for the benefit of young jobseekers, then for the benefit of staff in the UNHCR sector. He wants to extend their parents’ health insurance contract. The generalization of this guarantee concerns all young beneficiaries, at least one year after the end of their studies. That is between 740,000 and 900,000 people aged up to 28 years. This gesture comes two months after the publication of a study by Malakoff Humanis on the mental health of employees since the start of the Covid-19 pandemic.