Health insurance premiums 2023 | Current premiums in Switzerland

What does health insurance premium mean in health insurance?

Health insurance premiums are the monthly costs for insured persons of a health insurance company. By paying premiums, one has access to medical care, medicines, hospital stays and other medical services.

What exactly is the health insurance premium?

The health insurance premiums cover the costs of medical care and the administrative costs of health insurance companies in Switzerland. The insured pay the health insurance premiums monthly, quarterly, semi-annually or annually. The amount of health insurance premiums depends on age, place of residence and the selected franchise.

How are health insurance premiums calculated?

Health insurance premiums in Switzerland are calculated based on place of residence, age, insurance model, franchise and accident insurance. Here are the details of the five factors to calculate health insurance premiums.

• Residence:

  The health insurance premiums differ depending on the canton and the premium region because the healthcare costs vary from region to region.

• Old:

  Older people pay higher premiums than younger people. According to statics, younger people take less medical services than the older people.

• Insurance Model:

  There are 4 main insurance models such as the standard model (free doctor model), HMO model, family doctor model and telemedicine. The health insurance premiums vary depending on the model.

• Franchise:

  Choosing the franchise between 300 and 2500 is also crucial when calculating the health insurance premium. The higher the deductible, the lower the health insurance premium.

• Accident insurance:

  Accident insurance influences the calculation of the health insurance premium if the insured takes out accident insurance.

How many months is a health insurance premium?

The health insurance premium is calculated monthly in Switzerland. The insured can pay the health insurance premiums monthly, quarterly, semi-annually or annually. If you pay annually, you get a 2% discount on all health insurance premiums. The premiums must be paid on time. Otherwise reminder fees and other costs will be incurred for the insured.

Is health insurance premiums based on income?

No, health insurance premiums in Switzerland are not based on income. Health insurance premiums are set annually by the Federal Office of Public Health (FOPH) and approved by the Swiss Financial Supervisory Authority (FINMA).

How much will a health insurance premium cost in 2023?

In 2023, an average monthly health insurance premium is CHF 334.70. The health insurance premiums of 2023 have increased by 6.6 percent compared to 2022. The average health insurance premium is CHF 397.20 for adults, CHF 279.90 for young people and CHF 105.00 for children.

Why are health insurance premiums rising?

The main reason for the increase in health insurance premiums is the rising healthcare costs in Switzerland. Every year, the Federal Office of Public Health (BAG) checks the reserves of the health insurance companies and the health costs in Switzerland in order to determine the health insurance premiums for the coming year. Here are 4 reasons why health insurance premiums are increasing.

• Rising Healthcare Costs:

  Healthcare costs are increasing due to medical innovations, new therapies and the growing need for medical care in Switzerland.

• Demographic Change:

  Older people need more medical services than younger people. The number of older people in Switzerland is constantly increasing, which means that the demand for medical services is also increasing.

• Health Insurance Reserves:

  The health insurance companies ensure that health costs are covered by reserves against the insurer. The reserves are used up when the premium income is less than the expenditure of the health insurance companies. If the reserves are used up, the health insurance companies will have to increase the premiums in the coming year.

• Political Decisions:

  The political decisions and regulations regarding new services have an impact on the amount of health insurance premiums.

Other services from Checkall

Checkall offers other services related to health insurance premiums. Here are 3 other useful services from Checkall.

• Health insurance comparison:

  With the health insurance comparison from Checkall, you can compare the health insurance companies and take them out directly online.

• Change health insurance:

  You can find all information about changing health insurance here.

• Cancel health insurance:

  After changing health insurance, you must cancel the current health insurance. Our cancellation tool helps you to create the cancellation form for the health insurance company.