The company, once a mighty subsidiary of National Bank (NBG), had recently announced unilateral changes in the way it will compensate beneficiaries in health and life insurance programs

Skyrocketing health insurance premiums are driving Greeks to abandon coverage, sparking concerns about the stability of the country’s healthcare system.

"We are concerned with the financial stability of the health insurance companies as well as with the consumers," the minister stated.

Health insurance premiums in Greece are set to rise again in 2025, sparking political debate. Meanwhile the public awaits the Competition Commission's probe into market practices.