In 2018, health insurance premiums will go up by 4.9 per cent on average, as calculated by comparis.ch. The front-runner is the canton of Valais, where premiums for the Telmed models will climb by a hefty 7.9 per cent on average. Policyholders in St. Gallen will see the highest percentage increase from a single insurer: anyone insured with Avenir under the family doctor model with the highest deductible will pay 21.9% per cent more than in the previous year. Residents in the cantons of Basel-Stadt and Geneva will continue to pay the highest health insurance premiums in Switzerland.
Health insurance premiums are set to rise significantly once again in 2018, further increasing pressure on household budgets compared to the previous year. comparis.ch has analysed the premiums and calculated an average increase of 4.9 per cent – based on all cantons, age groups, insurers, models and deductibles. As a point of comparison, the Federal Office of Public Health recently announced an average increase of 4 per cent, but this only applies to adults insured under the standard model with a deductible of 300 francs and accident cover.
Major hike: 21.9 per cent higher premiums in the canton of St. Gallen
Policyholders in St. Gallen will see the highest increase from a single insurer: anyone insured with Avenir under the family doctor model with the highest deductible will pay 21.9% per cent more than in the previous year. Across Switzerland, some 30,000 people will face an increase of over 19.5 per cent.
When comparing premium increases among the cantons, the front-runner is the canton of Valais, where policyholders with Telmed models will pay a hefty 7.9 per cent more on their health insurance premiums on average.
Overall, 3.2 million policyholders will face a premium increase that is higher than the average of 4.9 per cent calculated by comparis.ch. 1.2 million policyholders will have to factor in an increase of 10 per cent, while a smaller but not insignificant number of around 190,000 will see a hike of 15 per cent.
Now’s the time to look for alternatives
Clearly, those having to absorb the steepest increases next year would be well advised to check out cheaper alternatives. However, comparing health insurance products is generally a good idea for everyone, as Comparis health insurance expert Felix Schneuwly points out: “Regardless of individual premium increases, you should always keep tabs on the actual price of your premiums. Comparing insurance products and premiums is the best way for anyone to reduce household expenditure – and this is especially true for families.”