Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. SIGNAL IDUNA extends flexibility for companies in Romania,...

SIGNAL IDUNA extends flexibility for companies in Romania, offering two new options for private health insurance: co-payment and deductible systems

July 1, 2024

  SIGNAL IDUNA, the leader in health insurance, offers its clients a new option for group health insurance – the possibility of co-payment – providing all companies in Romania with the opportunity to customize employee benefits. This option allows for the adaptation and configuration of covered medical services according to the specific needs of each team, regardless of the company’s size or field of activity.   The co-payment solution, like the already available deductible option, allows employers to extend their health insurance coverage without significantly increasing costs, thus offering more competitive and attractive benefit packages for their teams. The new option also comes as a natural response to the noticeable increases in medical inflation and, consequently, in treatment costs, to raise awareness among insurees in the responsible use of the benefits made available by employers through health insurance.    Thus, insured employees can benefit from packages with unlimited coverage, paying a reduced percentage of the cost at preferential rates. This new option grants them fast access through direct settlement to many private medical providers in the Mediqa Net network. It encourages them to prevent health problems and access medical services when needed, contributing to balancing the medical system and making it more accessible to all.    Employers can choose an insurance package that meets their team's specific needs and optimises the costs of their workforce's medical conditions. These measures respond promptly to the increasingly diverse preferences of employees, promoting an organisational culture of caring and responsibility for health, which can contribute to increased productivity. In addition, they can extend coverage to employees' family members.   "By implementing the co-payment option, we reconfirm our determination to evolve in the health insurance field, offering flexible solutions that meet the needs of both employees and employers. As a leader in private health insurance, we prioritise our customers' expectations, constantly tailoring insurance benefits to individual and family needs to support employee performance and satisfaction in companies. At the same time, these solutions contribute to maintaining the financial sustainability of the health insurance concept, promoting the efficient and responsible use of medical resources," said Tiberiu Maier, President of SIGNAL IDUNA ASIGURARE REASIGURARE Management Board.   In addition to the tax deductibility of up to €400 per year for each employee in the case of fringe benefits, employers who choose the co-payment or deductible option for health insurance benefit from more predictability in allocated budgets.   According to a survey conducted by SIGNAL IDUNA between April and May 2024, more than 90% of respondents said that private health insurance should be a mandatory benefit offered by all employers, and more than 80% of them are already familiar with the advantages of insurance compared to other private healthcare coverage options.   Private health insurance is thus at the top of a hierarchy of needs, a sign of a change of mentality in the Romanian labor market. This trend clearly reflects the recognition of the importance of adequate health insurance as an integral part of the employee benefits package. About SIGNAL IDUNA: The SIGNAL IDUNA Group is one of the largest financial groups in Germany.  Founded over 110 years ago, the SIGNAL IDUNA Group has earned an excellent reputation as a strong and trustworthy provider of insurance and financial services, offering a wide range of solutions (insurance, banking services, and investments) to individual and corporate clients. SIGNAL IDUNA's business conduct is oriented towards long-term success, focusing on meeting customer needs, market development, innovation, and financial independence.   Currently, SIGNAL IDUNA operates in the insurance markets of Germany, Poland, Hungary, and Romania.    In the local market, SIGNAL IDUNA began its operations in 2008. The current portfolio includes a diverse range of products and services catering to both individual and corporate clients, as well as small and medium-sized enterprises (SMEs). The insurance solutions offered by SIGNAL IDUNA, through its two companies (SIGNAL IDUNA ASIGURARE REASIGURARE and SIGNAL IDUNA ASIGURARI), address specific protection needs for both customer segments. SIGNAL IDUNA also provides reinsurance solutions, risk underwriting analysis, and consultancy services for optimal insurance management. SIGNAL IDUNA's expertise is backed by national coverage and a simplified, attractive digital experience for customers.  

Read in full - click here
SIGNAL IDUNA companies recorded an aggregated growth of 16% in 2024 and continue to expand on the Romanian market through strategic development

The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]

Champions of trust in Romania. Results and challenges for brands in the post-truth era

Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]

“They will notice when you walk in – not because you’re loud, but grounded” – Lin Holmquist, bringing ancient wisdom and modern science in Bucharest, at DiFine your Essence

Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]

Romanian railway company CFR announces new PNRR-modernized train on Bucharest-Constanța route

CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]

Bucharest festival explores sustainable habits, urban future

The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]

Eastern Romania: Largest shopping center in Moldova region opens its doors

Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]