Verena Nold, director of the Santésuisse health insurance association, said on Thursday morning that despite the unforeseeable nature of the pandemic, Swiss health insurers were well prepared.
As a result, there will be no increases to premiums – either in 2020 or 2021.
Nold said that tariffs did not need to be increased as health insurers had accumulated enough reserves to see them through the crisis.
“There are no fears (of increased costs) for the 2021 premium round,” Nold said.
“We are convinced that (the large reserves) will make it possible to overcome the coronavirus crisis.”
Health insurance companies have built up reserves of approximately CHF9 billion, according to reporting by Swiss media outlet Watson.
Nold also acknowledged that the premiums for 2021 are calculated on the basis of expected costs in that year, rather than the costs incurred in 2020.