Budget of 2023 “security”: accounts are straightened

The deficit should be reduced to 6.8 billion euros, according to the social security financing bill presented Monday in the Council of Ministers. But if the embellished is spectacular for health insurance, the old age branch should continue to sink into the red.

by and

The accounts of our welfare state continue to straighten up at a sustained pace. In 2023, the social security deficit should be reduced to 6.8 billion euros, compared to nearly 24.3 billion in 2021 and 17.8 billion this year. These figures, which take into account the entire general scheme and the old age solidarity fund, are clearly improving, because – in particular – of the good performance of the job market and wage increases, which stimulated the back to social contributions. This is one of the main lessons in the Social Security financing bill (PLFSS), which was to be presented, Monday, September 26, in the Council of Ministers.

The upturn is spectacular for health insurance. In 2020, this branch was in red up to 30.5 billion euros, due to expenses induced by the health crisis and the loss of revenue linked to the economic recession which had occurred at the time. Three years later, the deficit should be divided almost by five, reaching 6.5 billion euros. A trend attributable in particular to the dynamism of contributions paid by assets and by employers. The resorption of the “hole” also results from the withdrawal of “crisis expenses”, to meet the epidemic of COVVI-19.

After getting closer to the balance point in 2021, the life insurance branch, it should again sink into the red, at – 3.5 billion in 2023. The degradation should continue and s ‘Amplify, with funding needs estimated at nearly 16 billion euros in 2026. To explain such an evolution, the government highlights “the demographic effects of aging” of the population, which translate into an “increase in The size of the generations “retired – therefore by an increase in pension expenditure. Budgetary difficulties would be likely to increase strongly for the agent fund working in public hospitals and local communities.

Unsurprisingly, the National objective of health insurance expenditure (ONDAM) should continue to progress in 2023: the PLFSS established this increase to 3.7 % excluding expenses related to the health crisis, or 8.6 billion euros additional to constant field compared to 2022, and 53 billion euros since 2017. Due to the drop in expenses related to COVVI -19, across the perimeter, the evolution would however be – 0 , 8 % compared to rectified ONDAM 2022. For the record, the increase in the national objective, in 2022, excluding expenses related to the health crisis, was 5.4 %.

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/Media reports.