by Figures published in 2017 show that only 37% of Swiss healthcare costs were covered by basic compulsory health insurance premiums. © Ognjen Stevanovic | Dreamstime.com The remaining cost was covered by the government (20%), accident and social insurance (10%), private complementary health insurance (7%), charity (1%) and out-of-pocket spending by individuals (26%). Compulsory Swiss health insurance requires policy holders to pay 10% of the first CHF 7,000 of costs reimbursed 1. In addition, those with deductibles must cover 100% of their medical costs up to the deductible amount before their insurance kicks in. These payments are included in out-of-pocket spending in the chart above. Overall, households covered 62% of their healthcare costs. Federal (6%), cantonal (22%) and municipal
Topics:
Investec considers the following as important: Cost of Swiss healthcare, Editor's Choice, health, Personal finance, Swiss health insurance, Swiss health system, Swiss healthcare funding
This could be interesting, too:
Investec writes Federal parliament approves abolition of imputed rent
Investec writes Health and health insurance remain top concern for Swiss
Investec writes Reversal of higher retirement age for Swiss women rejected by top court
Investec writes Abolition of imputed rent gets bogged down in complexity
Figures published in 2017 show that only 37% of Swiss healthcare costs were covered by basic compulsory health insurance premiums.
© Ognjen Stevanovic | Dreamstime.com
The remaining cost was covered by the government (20%), accident and social insurance (10%), private complementary health insurance (7%), charity (1%) and out-of-pocket spending by individuals (26%).
Compulsory Swiss health insurance requires policy holders to pay 10% of the first CHF 7,000 of costs reimbursed 1. In addition, those with deductibles must cover 100% of their medical costs up to the deductible amount before their insurance kicks in. These payments are included in out-of-pocket spending in the chart above.
Overall, households covered 62% of their healthcare costs. Federal (6%), cantonal (22%) and municipal (4%) governments, and companies (6%) covered the rest.
From 1990 to 2014, Swiss health care costs rose by around 150%. This is equivalent to an average compound annual rise of nearly 4%, a rate which outstripped annual compound GDP growth by roughly 2%.
All figures are for 2014.
More on this:
Swiss government statistics (in French) – Take a 5 minute French test now
1 For an adult. The amount for children is half. More information.