Insight

BPJS Kesehatan: Deficit Concerns in 2024

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Algo Research Team


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Key Summary:


  • Claims ratio trends above 100%, possibility of deficit
  • Pent up demand from pandemic and rising cost
  • Possible rise in BPJS premiums in 2025

BPJS Kesehatan is projected to return to a deficit by the end of 2024 at an estimated IDR 18.9 trillion, as the claims ratio trends above 100% once again following the shift of COVID-19 from pandemic to endemic status.



Context: Since its inception, BPJS has been clocking deficits up until 2020, during which it received financial support from the Ministry of Finance with additional funding to cover COVID-19 related treatments.


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