The Federal Office of Public Health BAG revokes the license of the health insurer KluG. Shady practices and negligence on the part of the regulator come to light.
The Zug-based health insurance company KluG is bankrupt. However, it was not the health insurer itself that filed for bankruptcy.
The supervisory authority for social health insurance, the Federal Office of Public Health (FOPH/BAG), already declared insolvency by order last Wednesday, as the regulator announced today, Tuesday.
Benefits concealed in books
The license to provide basic insurance (KVG) will be revoked on December 31, 2025, it added.
KLuG…