Ways to save money on basic health insurance:
- Choose a cheaper model
If you opt for an alternative health insurance model such as HMO, family doctor, Telmed or other model, you can save up to 25 percent on premiums. Check with your insurance provider if one of these alternative models is offered in your area.
- Choose a higher deductible
By choosing a higher deductible, you are responsible for a greater proportion of the costs arising from any illness and/or accident. On the other hand, you will also be able to save substantially on premiums. Health insurance companies are free to offer the following additional deductibles:
Children (up to 18 years of age):
- CHF 100
- CHF 200
- CHF 300
- CHF 400
- CHF 500
- CHF 600
Adults (from 19 years of age):
- CHF 500
- CHF 1,000
- CHF 1,500
- CHF 2,000
- CHF 2,500
Before settling on a higher deductible, you should be aware of the financial risk you could run in the event of a serious illness.
- Separate basic and supplemental insurance
You can take out basic and supplemental insurance with different health insurance companies. The cover offered by basic insurance is clearly defined and the same for all health insurers. There are therefore only a few reasons why you should not switch to the least expensive health insurance provider – every health insurer is obliged to accept you.
- Limit hospital cover to the canton of residence
This restriction can make sense particularly for residents of larger cantons that have a correspondingly large and extensive offering of medical services. If emergency medical services are required in another canton, the costs will still be covered by your health insurance. Don’t forget: basic health insurance provides sufficient general cover worldwide (with the exception of the USA, Canada, Australia and Japan). Should you need emergency treatment abroad, health insurers will pay up to twice the amount the same treatment would cost in Switzerland.
- Take out health insurance without accident cover
Anyone working at least eight hours per week for the same employer is automatically insured through this employer against accidents (Accident Insurance Act (UVG)) and can therefore exclude accident cover from their health insurance without hesitation. This can mean a premium discount of up to 10 per cent, depending on the provider. You must notify your health insurance provider as soon as you are no longer covered for accidents by your employer. At this point, accident cover will be governed by the Health Insurance Act (KVG) and your premium will go up. UVG accident insurance covers treatment costs for work-related as well as non-work-related accidents, i.e. those occurring in your free time. Those receiving unemployment benefits are insured by Suva against accidents.
Note that accident cover through employer-provided insurance (UVG) offers much better protection than accident insurance taken out in conjunction with basic health insurance (KVG). UVG accident insurance is not subject to a deductible or coinsurance. Furthermore, in the event of a serious accident, UVG accident insurance includes additional benefits such as daily allowances, pensions or other reimbursements.
- Suspend basic health insurance during military service
Policyholders who are called up for military service for more than 60 consecutive days may suspend their basic health insurance during this time, as long as they provide proof of this activity. This proof must be submitted to the health insurer before military service is taken up.
- Apply for an individual premium reduction (IPR)
If your annual taxable income is below a certain limit, you are entitled to a premium reduction from your canton of residence.
- Pay your premiums annually
Some health insurance providers offer a discount if the premiums are paid once a year instead of monthly. Please check with your provider to see if this is an option.