WE ARE - Wiener Städtische
WE ARE - Wiener Städtische
WE ARE - Wiener Städtische
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»WIENER<br />
STÄDTISCHE IS<br />
A PIONEER OF<br />
NURSING C<strong>ARE</strong><br />
PROVISION.«<br />
46 ANNUAL REPORT 2010 | WIENER STÄDTISCHE<br />
Nursing Care Provision is Gaining<br />
Importance<br />
The cost of nursing care will dramatically<br />
increase in the coming years. Care for the<br />
elderly is becoming increasingly costprohibitive<br />
for the state and is therefore a<br />
highly charged topic in society.<br />
Whereas private pension provision has<br />
been actively demanded by the population<br />
for years now, there is a great need for<br />
factbox<br />
> Change of trend in life insurance: Traditional<br />
life insurance is gaining importance<br />
again in 2010.<br />
> More and more Austrians invest in private<br />
pension provision, with the<br />
“Prämienpension” product of <strong>Wiener</strong><br />
<strong>Städtische</strong> keeping in line with the<br />
trend.<br />
> With more than 23,000 policies, <strong>Wiener</strong><br />
<strong>Städtische</strong> is a pioneer of nursing care<br />
insurance. Public awareness must still<br />
be increased.<br />
catching up with nursing care provision.<br />
While the problem of nursing care financing<br />
is largely known, public awareness of the<br />
necessity of early nursing care provision<br />
still needs to be increased. A government<br />
incentive for private provision – similar to<br />
that of old-age pension provision – could<br />
achieve a lot here.<br />
Since 2004, <strong>Wiener</strong> <strong>Städtische</strong> has offered<br />
comprehensive, affordable and flexible<br />
nursing care insurance that can fill the<br />
nursing care provision gap and help relieve<br />
the financial situation that arises when<br />
nursing care is needed.<br />
EXTRA-Pflege payments are made in parallel<br />
with government nursing care allowances<br />
and enable policyholders to live and<br />
receive care according to their individual<br />
needs, whether at home or in a nursing<br />
home. The care level at which benefits<br />
should start and the amount of the care<br />
allowance can be freely chosen. Extra-<br />
Pflege payments are made twelve times a<br />
year during the entire period that nursing<br />
care is required, and for an entire lifetime if<br />
necessary.<br />
<strong>Wiener</strong> <strong>Städtische</strong> had registered more<br />
than 23,000 nursing care policies by the<br />
end of 2010, making it a trailblazer in the<br />
area of nursing care insurance.<br />
.
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