Reserves in Sanatorium Insurance

The object of the Netherlands Foundation for Sanatorium Insurance ("N.S.V.') is to insure the risk of treatment in a sanatorium because of tuberculosis. For insured persons admitted to a sanatorium because of tuberculosis, the N.S.V. pays the insured sum for every day of treatment. At the moment nearly 80% of the population of the Netherlands is insured directly or indirectly in the N.S.V. There are three groups of insurances: obligatory insurance, voluntary collective insurances and voluntary individual insurances. The insurances in the first and second group are, strictly speaking, reinsurances of the risk of tuberculosis of a great number of institutions concerned with cost of sickness insurance. The risk of the insurance in these two groups is only administered and pooled by the N.S.V.