Authentic European news, sourced locally
Country editions:
Jobs portals:
Social media:
Membership:
Mobile apps:
The Local logo

How health insurance premiums in Switzerland will rise next year

Share this article

How health insurance premiums in Switzerland will rise next year
Photo: FABRICE COFFRINI / AFP
09:28 CET+01:00
Health insurance is set to cost more in the coming year, with a report estimating increases of more almost four percent from January 1st, 2020.

This represents a bigger increase than was seen in either of the past two years, where costs went up by 2.9 percent and 2.7 percent in 2017 and 2018 respectively. 

The estimated increase (3.6 percent) is largely due to Switzerland’s ageing population and rises in the average nominal wage across the country. 

The report was completed by Switzerland’s Economic Institute, which completes bi-annual studies into health insurance costs in Switzerland.

READ: Where in Switzerland will you find the cheapest and the most expensive health insurance?

Despite the increases, the Institute says that the figures show policy measures to reduce the increases have worked - as the costs were originally predicted to be higher next year. 

As we discussed in our report into the Swiss political parties and their policy platforms ahead of the October 2019 election, healthcare costs were a major issue for residents of Switzerland. 

READ: How Swiss residents are 'paying too much' for medicines and health insurance premiums

Three of the parties - the Christian Democrats, the Social Democrats and the Greens - all supported various measures which would prevent increases in healthcare costs, including a 'cost brake' which would peg health insurance to particular economic metrics to control the rise. 

 

Share this article