The Social Security system in France is facing a critical challenge due to the absence of a budget for 2025. Urgent action is required to address the financial issues that will confront the incoming government.

Restoring Borrowing Capabilities

Restoring borrowing capacity is crucial for maintaining cash flow. Without this capacity, cash flow issues could arise as early as the end of January.

Defining Hospital Tariffs

The absence of a national health insurance spending target further complicates the financial landscape for hospitals. Renewing the rates established in 2024 may be the most likely solution in the interim.

Rectifying Financial Accounts

Establishing a clear financial trajectory is essential for redressing the system's accounts.

Immediate Risks to Operational Stability

The lack of a budget poses immediate risks to the system's operational stability.

Potential Deficit

Not adopting a budget could lead to a deficit of €28 billion to €30 billion, which is unsustainable and could impact the quality of social protection in France.

Swift Action Required

The challenges facing the Social Security system in France require swift action to stabilize the system and prevent a deterioration of social protection quality.