© Swisshippo | Dreamstime.com The amount of money paid by “rich” cantons to “poor” ones will rise by CHF 61 million to CHF 5.3 billion in 2020, according to a recent government press release. The only French-speaking canton paying will be Geneva. All of the rest will see the sums they receive rise compared to 2019. In 2020, Geneva will pay CHF 275 million, down slightly from the CHF 300 million it paid in 2019. In 2020, the canton of Fribourg will receive CHF 387...
Read More »French-speaking cantons biggest winners from next year’s fiscal transfers
The amount of money paid by “rich” cantons to “poor” ones will rise by CHF 61 million to CHF 5.3 billion in 2020, according to a recent government press release. © Swisshippo | Dreamstime.com The only French-speaking canton paying will be Geneva. All of the rest will see the sums they receive rise compared to 2019. In 2020, Geneva will pay CHF 275 million, down slightly from the CHF 300 million it paid in 2019. In 2020, the canton of Fribourg will receive CHF 387 million (CHF 381...
Read More »Drug spending continues to explode in Switzerland
Last week, the government announced that it had shaved CHF 100 million off the cost of drug purchases from 1 January 2020. © Vitaly Iskakov | Dreamstime.com This week numbers obtained by RTS from Curafutura, a health insurance association, show drug spending rose CHF 420 million from CHF 6.9 billion to CHF 7 billion between October 2018 and September 2019 and the same period 12 month a year before. Over the last five years spending on drugs has risen 26%. Savings are not keeping up...
Read More »More than 100 members of Extinction Rebellion convicted in Switzerland
In September 2019, groups of people belonging to the environmental protest group Extinction Rebellion blocked two road bridges in Lausanne. Extinction Rebellion Switzerland’s Facebook cover photoLocal police cleared the bridges by removing, in some cases carrying, protesters away. On 7 November 2019, 117 of the people involved in the bridge protests were convicted and fined for breaking Switzerland’s penal code, according to RTS. One person was convicted of violence and the rest of...
Read More »Geneva to ban Uber if it doesn’t change its operating model
After a legal analyis the government of the canton of Geneva has decided that drivers of the ride hailing service are employees rather than independent contractors, effectively banning Uber from operating under its current model. © Oleksandr Lutsenko | Dreamstime.com In an interview with RTS, Mauro Poggia, a lawyer and Geneva state councillor, said that Uber is a transport company and as such must employ its drivers. Employees are treated differently to contractors. One of the key...
Read More »Negative rates might go lower, says Swiss National Bank chairman
Thomas Jordan, chairman of the Swiss National Bank (SNB), told the NZZ am Sonntag newspaper recently that central bank interest rates might need to go further into negative territory. Thomas Jordan, Chairman of the Swiss National Bank Responding to growing criticism of negative central bank interest rates, Jordan said negative interest rates could continue and a further reduction is possible. The SNB did not introduce negative interest rates to harm people, said the SNB chairman....
Read More »Swiss government cuts drug prices by 100 million francs
© Tero Vesalainen Dreamstime.com Switzerland’s Federal Office of Public Health (FOPH) recently announced it had reduced the price Swiss healthcare providers and patients will pay for 257 drugs by 16.3%. These lower prices, which take affect on 1 December 2019, are expected to save CHF 100 million annually. The FOPH looked at the prices of 478 drugs and achieved price reductions on 257 (54%) of them. The government has promised to cut healthcare costs via a range of...
Read More »Swiss commission supports new laws to protect whistleblowers
A commission of the Council of States, Switzerland’s upper house, is in favour of new rules to protect whistleblowers. © Shawn Hempel | Dreamstime.comThe proposed rules, which would help to protect those who expose secretive information or activity that is deemed illegal or unethical, were supported by 6 commission votes to 2 with 4 abstentions. The proposal, which would be incorporated into employment law, would follow the cascade principle put forward by the Federal Council,...
Read More »Swiss parliamentary commission supports fuel tax hike
The parliamentary environmental commission has endorsed a plan to increase the taxes on fuel in Switzerland. © Tuayai | Dreamstime.comFollowing support for a fuel tax increase by the Council of States, Switzerland’s upper house, the commission said it supports a rise of 10 cents a litre until 2024 and 12 cents a litre from 2025. These increases are lower than those included in some other proposals. However, the commission decided these increases were appropriate in the context of all...
Read More »Swiss government cuts drug prices by 100 million francs
Switzerland’s Federal Office of Public Health (FOPH) recently announced it had reduced the price Swiss healthcare providers and patients will pay for 257 drugs by 16.3%. © Tero Vesalainen Dreamstime.comThese lower prices, which take affect on 1 December 2019, are expected to save CHF 100 million annually. The FOPH looked at the prices of 478 drugs and achieved price reductions on 257 (54%) of them. The government has promised to cut healthcare costs via a range of measures...
Read More »