The Czech government has taken an important step in helping the country's
troubled health insurers, including the largest Vseobecna Zdravotni
Pojistovna, the VZP, by ordering the state consolidation agency to take
over three billion crowns of bad debts. Insurers, including the VZP, are
in need of the financial support to be able to pay out their claims on
time - after being caught in a vicious cycle. Each year they miss billions
of crowns owed by Czech firms and members of the public chronically
neglecting to pay...