cost

Switzerland's health care costs are rising again

Switzerland's health care costs are rising again

Switzerland's compulsory health insurance premiums will rise by almost five percent for the next year. The Santésuisse reported that the cost to insurers had risen "excessively" in 2016 to CHF 31.5 billion. You can read the full article at The Local ch. This is becoming troublesome for some households, some families end up paying CHF 22,000 per year for the mandatory basic health insurance, which is more than 20 percent of their household income. Compulsory health insurance premiums came into force in 1996, since then the average yearly cost for the insurance premiums increased by 4.6 percent, which is much higher than inflation. In 1996 the average monthly health insurance invoice was CHF 173, in 2016 it was CHF 428. The full article can also be read at The Local ch