The Insurance and Private Pension Regulation and Supervision Agency (SEDDK) has published the amended Private Health Insurance Regulation in the Official Gazette which will enter into force on 1 January 2026.
The new regulation, amending the current Private Health Insurance Regulation, was published in the Official Gazette on 20 October.
SEDDK released a statement, stating, “The regulation introduces significant changes in many areas, particularly the lifetime renewal guarantee, waiting period, and inter-company transfers.”
The terms of the lifetime renewal guarantee (OBYG), which insurance companies apply with varying conditions, are streamlined so that they cannot be changed to the detriment of the insured. This creates a structure where OBYG rights can be defined and objectively monitored in a centralised system, reported Sigorta Gazette.
The amended regulations stipulate that:
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If the insured person is insured for three years without interruption and the compensation/premium ratio remains below 80% at the end of this period, the insured person will be entitled to OBYG.
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All citizens who are under 60 years of age at the beginning of the policy are eligible to benefit from the OBYG application.
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Insurance companies are obliged to offer the OBYG option to insureds at the sale stage.
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After obtaining OBYG, the insured will be able to use this right in any company he/she wishes through the centralised system.
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Insurance companies cannot make changes to the policy to the detriment of the insured in terms of price and coverage due to an increase in risk for any reason.
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Additional measures will be taken to ensure that insureds are informed in a timely, complete and accurate manner about all other conditions that will affect their choices, especially regarding coverage and pricing.”