Indonesian Political, Business & Finance News

Askes eyes rise in premium income

| Source: JP

Askes eyes rise in premium income

YOGYAKARTA (JP): State-owned health insurance company PT
Asuransi Kesehatan (Askes) has forecast a 10 percent increase in
premium income this year to Rp 550 billion (about US$58.5
million) from around Rp 500 billion last year.

The company's managing director Ori Andari Sutaji said that
the projected 10 percent rise in premium income was expected to
come from an increase in non-civil servant members.

"We expect to receive about Rp 50 billion in premium income
from non-civil servant members this year," she told reporters
after attending the inauguration of Yogyakarta-based Gadjah Mada
University's Medical Center.

PT Askes, which focused on civil servants, including the
employees of state firms, in the early years of its existence,
has been allowed to provide insurance services to other
customers.

In 2000, the company booked about Rp 400 billion in premium
income from its four million civil servant clients and other Rp
100 billion from other customers.

Ori Andari said that claims from civil servant members
amounted to 87 percent of the total premium income obtained from
civil servants while those from other customers accounted for
about 70 percent of the total premiums they had paid.

"Our overhead costs are relatively low," she stressed.

She said that this year the company would launch "excellent
service" to upgrade service to its customers.

She said that "excellent service" would make it easier for
clients to obtain PT. Askes's services through simpler
administrative procedures. (44)

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