VZP gets cash injection to help speed up payment of debts to hospitals, doctors

11-01-2006

The biggest state health insurer, VZP, is to receive by the end of the week three billion crowns (120 million dollars) to help it pay its debts to doctors and hospitals. The health and finance ministers agreed on the move at a meeting on Wednesday. Currently there is a two-month delay in VZP payments, and this money is intended to shorten that period by around a week and a half. The health insurer has been in turmoil in recent months.