Vienna’s hi.health launches Europe’s first digital health account, solves private insurance cash flow gap
Updated
May 22nd, 2021.
While universal healthcare is something we know as normal life here in Europe, it’s not always all-inclusive. In Germany alone, 26.8 million people have some form of supplementary insurance, for example covering hospital stays or dentures.
Unlike the statutory health insurance programmes that interface directly between government agencies and healthcare providers, private insurance programmes often run off a, “you as the patient pay for it, we’ll reimburse you model. In this way, the privately insured initially shoulder the cost, and then simply have to wait until their claim is processed, with no clear indication of when that money will arrive.