by © Shannon Fagan | Dreamstime.com 20 Minutes. The Swiss States Council commission on public health endorsed a plan that could lead to higher health insurance premiums for those over 25. Swiss health insurance providers are required to pay into a communal pot to spread risk between insurance companies. The latest plan would reduce the amounts paid into ...
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© Shannon Fagan | Dreamstime.com
20 Minutes.
The Swiss States Council commission on public health endorsed a plan that could lead to higher health insurance premiums for those over 25.
Swiss health insurance providers are required to pay into a communal pot to spread risk between insurance companies. The latest plan would reduce the amounts paid into this communal pot for every insured individual between 19 and 25 by 50%. The reduction would amount to CHF 92 per month.
At the same time contributions for those over 25 would increase by CHF 10 a month. Insurance companies may find they need to pass this extra charge on to this group.
The collective net savings from the plan amount to around CHF 75 million. The plan requires health insurance companies, to use these savings to reduce premium costs for families within two years.
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Tags: Editor's Choice,Featured,Health insurance Switzerland,newsletter,Personal finance,Swiss health insurance