Indonesian Political, Business & Finance News

Askes earns Rp 60.5 billion

Askes earns Rp 60.5 billion

JAKARTA (JP): The health insurance company, PT Asuransi
Kesehatan (PT Askes), which caters to civil servants and
employees of private companies, posted Rp 60.5 billion (US$25.5
million) in profits by the end of 1996, its financial director
said.

Priyono Ansari told Antara news agency in Dili, East Timor
that the company provided health insurance to 16 million civil
servants and employees of private companies.

He said this year, the company tried to improve its efficiency
because health insurance costs would continue to rise while the
premium from clients would remain at 2 percent of their salaries.

Ansari was in Dili to install Benyamin Wailandau as new chief
of the company's branch in East Timor.

Wailandau was previously head of the company's branch in
Bogor, West Java.

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