Bern, Switzerland (GenevaLunch) – In two weeks the Swiss government will announce approved health care premiums for 2009, which are likely to rise by 2.5 to 3.5%, but the health insurance companies’ association, Santésuisse, says premiums must increase more rapidly. The group argues that if rising health care costs continue to outstrip the annual increase in premiums, currently the case, by 2010 the reserves of insurance companies will fall below the legal level. In the first months of 2008 reimbursable medical costs rose by  5% compared to the previous year. Hospital costs have increased at twice the rate of other health care costs and laboratory costs are also above the average.

Posted by Ellen Wallace on 12 September 2008 at 9:08 | permalink
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News story, GenevaLunch, 12 September 2008.

Filed under: Society

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  1. GenevaLunch » Blog Archive » Helsana Insurance writes off CHF215 m after investment losses Says:

    [...] rose to CHF5.44 billion, up 1.2% but insurance coverage costs rose 8.7% to CHF4.99b. Related: “Insurers say health care premiums must rise more,” 12 September 2008, GenevaLunch Posted by :: Ellen Wallace on 29 January [...]

  2. GenevaLunch » Blog Archive » Nobel economist Krugman calls Obama health plan like Swiss system Says:

    [...] Rising health care costs in Switzerland continue to be a concern and cause for regular public debate. A study by Santésuisse, the health insurers’ representative body, commissioned by the federal government and published in 2007, shows that costs are likely to rise by 2.2 to 2.4 times by 2030, compared to 2004, without taking into account the nature of funding – private, public or mixed. [...]

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