Full coverage· Economy· Updated
Clalit and Ayalon Deal Brings Temporary Stability to Israel's Long-Term Care Insurance Sector
Israel's long-term care insurance sector will likely see temporary stability after Clalit and Ayalon reached a management agreement, ending years of instability. However, experts warn this calm may delay necessary structural reforms amid ongoing demographic and financial challenges.
3 newsrooms · 1 language · since
Plus
What happened
- 01Clalit and Ayalon signed an eight-year deal to manage long-term care insurance starting January, stabilizing the sector.
- 02Moshe Bar Siman-Tov's departure ended threats to stop health funds from managing these policies, easing uncertainty.
- 03Experts agree the sector needs structural reform, such as expanding National Insurance or pension-style savings.
- 04Current stability relies on premium hikes, benefit cuts, and reduced insurer responsibility, not sustainable solutions.
- 05Capital Market Authority warns of future shocks and calls for a clear new contract defining entitlements.
- 06Finance Ministry unlikely to pursue major reforms until another crisis arises.
The coverage
3 newsrooms on this story
Who covered it
- LeftNone
- Centre1
- RightNone
- HarediNone
- ArabNone
- Other2
How it broke
See which of the 3 newsrooms broke it, and who waited
