Question ID: 1278
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.05.01
Status: Final
Date of submission: 07 Sep 2017
Question
Where a health insurance market has a risk equalisation system in place, it is not clear whether/how the payments to/from undertakings should be captured in S.05.01. For some providers these payments will be a net cost and for others a net income.
(a) Should these payments be reflected in S.05.01?
(b) If so, how should these be presented?
EIOPA answer
Template S.05.01 shall be reported from an accounting perspective, i.e.: Local GAAP or IFRS if accepted as local GAAP but using SII lines of business. Therefore, by default follows the structure of the Directive 91/674/EEC.
However, only selected items from the technical account are requested and changes in equalization reserve (item C(5)) are not included in S.05.01. Please see also Q&A 927.