Insurance company to sponsor hospital ward Skip to content

Insurance company to sponsor hospital ward

By Iceland Review

Insurance company Sjóvá has offered to contribute about ISK 30 million (USD 480,000, EUR 360,000) for the expansion of Grensásdeild, the rehabilitation ward at the National Hospital of Iceland.

The offer has been submitted to the Ministry of Health. The government had not planned to enlarge the ward for another ten to 15 years, with operations estimated to cost about ISK 500 million (USD 8 million, EUR 6 million), Morgunbladid reports.

If the government accepts Sjóvá’s offer, the expansion could be ready by 2009.

“Icelanders have increased by 40 percent since the ward was opened in 1973 and those who need physical rehabilitation have increased more proportionally as the nation becomes older and more people are rescued from serious accidents than earlier,” Gunnar Finnsson, who is campaigning for the expansion, told Morgunbladid.

Finnsson is the head of the campaign group Hollvinir Grensásdeildarinnar, which had encouraged Sjóvá to lead and support the expansion project.

“What is new about this proposal is that a private company, in this case Sjóvá, is not only ready to finance and rent facilities [for the ward expansion], but also to donate money to the project, which would be deducted from the rent,” Finnsson explained.

“It is of course in the insurance companies’ best interest to rehabilitate victims of accidents as soon as possible, but I believe the company [Sjóvá] is showing a certain social responsibility with this initiative,” Finnsson concluded.

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