What is the Patient Insurance Centre?
The Finnish Patient Insurance Centre is the central body handling all personal injuries that occur in connection with healthcare activities in accordance with the Patient Injuries Act. The Patient Insurance Centre promotes patient safety by carrying out research, making calculations and compiling statistics.
Its members include all insurance companies granting patient insurance policies in Finland. The statutory system has safeguarded the rights of patients and nursing staff since 1987.
The Patient Insurance Centre is part of the Insurance Centre, the other member of which are the Motor Insurers’ Centre, the Environmental Insurance Centre and the Pharmaceutical Insurance Pool. This cooperation enables the efficient use of resources and the optimisation of operating processes between the four types of insurance, thus ensuring the achievement of synergy benefits.
Duties of the Patient Insurance Centre
- Handling compensation procedures for patient injuries in a centralised manner
- Providing insurance cover when insurance has not been taken out
- Determining and collecting penalty premiums when the taking out of insurance has been neglected
- Granting public sector patient insurance policies (in the names of the member companies)
- Promoting patient safety by conducting research, performing calculations and generating statistics
- Ensuring that agreements relating to managing the patient insurance system are implemented and practical measures and other development work are taken care of
- Communicating information about patient insurance activities
- Promoting cooperation between insurance companies
- Providing instructions to member companies on the Patient Injuries Act.
Injuries that occurred between 1 May 1987 and 30 April 1999 fall under the original Patient Injuries Act. Injuries arising from medical treatment and healthcare given on 1 May 1999 or after that time are examined on the basis of the revised Act.
The Patient Injuries Act will be replaced by the Patient Insurance Act on 1 January 2021. We have compiled information about the essential changes on our website.
Patient Insurance Centre funding: cash flow and technical provisions
The cash flow of the Patient Insurance Centre consists of the following:
- The Patient Insurance Centre produces the calculations and manages the insurance settlements to insurance companies (safety loading and expenses). Each insurer is responsible for its share of the total liability.
- The Patient Insurance Centre pays the compensation to the injured party.
- The Patient Insurance Centre collects the paid compensation, expenses (Patient Insurance Centre and the insurers) and the safety loading (2% of the previous ones) from the hospital district.
The technical provisions of the Patient Insurance Centre are formed as follows:
- The Patient Insurance Centre produces the calculations and manages the insurance settlements to insurance companies (promissory note and the corresponding liability). Each insurer is responsible for its share of the total liability.
- The Patient Insurance Centre assesses the liability, i.e. the compensation and expenses to be paid in the future for already occurred patient injuries.
- The Patient Insurance Centre asks the hospital district to issue a promissory note with no interest corresponding to the liability and the 2 % safety loading added to it.