Swiss health insurance company Klug has announced bankruptcy and will cease operations at the end of the year. The company, with a 107-year history and around 9,300 insured members.
According to the official statement, at the end of July Klug submitted an application to the Federal Office of Public Health (BAG) for bankruptcy and license revocation, which will take effect on January 1, 2026.
On August 6, the Federal Labor Court confirmed this decision, allowing the company access to its related assets.
Following the discovery of unrecorded payments amounting to approximately CHF 2.4 million, the situation, according to the BAG, “unexpectedly and significantly worsened.” The agency is now investigating whether these…