- 20220818_MM_10_years_savings potential.pdf
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Comparis analysis of health insurance premiums
By changing health insurance, insured persons could have saved more than 30,000 francs within 10 years
In recent years, those with basic insurance in Switzerland have been particularly reluctant to switch due to moderate premium increases. Comparis analyzed the premium data and found that, in extreme cases, insured persons could have saved more than CHF 3,000 per year by switching health insurers. In 10 years, the money for a small car would have come together. “With the fortunate premium increases this autumn, the savings potential will be even greater,” predicts Comparis health insurance expert Felix Schneuwly.
Zurich, August 18, 2022 – A good 7 percent of household premium expenditure in this country goes to the health insurance companies. On average, adults in Switzerland pay CHF 4,598 in basic insurance premiums per year. This is particularly relevant in times of rising inflation. Because the savings potential would be great. This is shown by an analysis of the online comparison service from comparis.ch for the largest Swiss canton capitals.
Anyone who would have switched from the most expensive to the later health insurance provider 10 years ago – also from 2011 to 2012 – would have saved a total of CHF 33,396 (54.1 percent) in Zurich since then. In Bern, 30,064 francs (49.1 percent) would have come together, in Lucerne 23,789 francs (49.1 percent) and in St. Gallen 25,132 francs (48.5 percent). In Basel-Stadt one would be 33,490 francs richer (49.13 percent).
Insured persons in the other language regions could also save a lot of money by switching health insurers; in Bellinzona CHF 33,646 (51.9 percent), in Geneva CHF 31,032 (48.3 percent) and in Lausanne even CHF 36,494 (53.9 percent).
«Especially those insured who have never switched to a cheaper health insurance company in the last 10 years could have saved the most money and should not complain about rising premiums. With the fortunate premium increases this autumn, the savings potential will be even greater», says Comparis expert Felix Schneuwly.
With the same model and the same deductible, insured persons were able to save CHF 17,023
Even without a model and franchise change, the money for a small car would have come together in 10 years. Insured persons in Basel-Stadt had acquired the most from a change of insurer with the same model and the same deductible; namely 17,023 francs (23.7 percent). This applies to a change from Visana with the OKP model and a franchise of 300 francs to Assura.
In 2012, Visana was the most expensive insurer in Zurich for OKP policyholders with a deductible of CHF 300. On the other hand, if insured persons had switched to Assura 10 years ago, they would have saved CHF 14,303 (23.2 percent).
In Berne, Visana policyholders with the OKP model and a deductible of CHF 300 would have been best off switching to Sanitas. In 10 years you have saved 10,541 francs (17.0 percent) in premiums.
People insured in Lucerne with Sanitas with the OKP model and a 300-franc deductible would have been best switched to the Luzerner Hinterland health insurance company. In 10 years, savings would have totaled CHF 8,102 (16.2 percent).
The people of St. Gallen at Helsana with the OKP model and a franchise of 300 francs would have saved a total of 8,537 francs (16.3 percent) by switching to Avenir (belongs to Groupe Mutuel).
In Geneva, insured persons saved CHF 16,931 (24.3 percent) by switching from Visana with the OKP model and a CHF 300 deductible to Assura.
In Lausanne, the savings potential was CHF 16,919 (25.0 percent). It was realized with a change from Visana to Avenir with the OKP model and a 300-franc deductible.
And the people of Ticino in Bellinzona had the opportunity, among other things, to switch from Visana with the OKP model and a CHF 300 deductible to Easy Sana and thus save CHF 13,979 (21.6 percent) over the years.
“Even without changing the model or deductible, the savings potential over the last 10 years was around CHF 1,000 per year and adult insured person. And more willingness to switch would also improve the service quality of health insurers. Because only providers who lose customers strengthen themselves more,” says Schneuwly.
Savings potential for insured persons with the family doctor model of up to CHF 13,890
A good half of adults in Switzerland have *family doctor insurance. Here, too, there was considerable savings potential, even with a minimum deductible of CHF 300. Insured persons in Geneva could have saved a good CHF 13,890 (22.6 percent) (switching from Swica to Assura).
In Zurich, people with family doctor insurance have saved 11,037 francs (20.7 percent) over the past 10 years by switching from Swica to an Assura. Bernese save 10,060 francs (18.1 percent) in the same period by switching from Vivacare to Helsana. Basler policyholders with a family doctor model were able to save CHF 12,725 (20.6 percent) by switching from Visana to Assura. In St. Gallen, the savings potential was CHF 6,352 (13.8 percent). Insured persons could benefit from this by switching from Swica to Sana24.
And in Lausanne, after switching to Supra, Visana policyholders had 12,310 francs (21.5 percent) more in their bags. Finally, the Ticino saved CHF 10,288 (18.7 percent) by switching from Visana to Swica.
With a CHF 2,500 deductible, the savings potential in Zurich was CHF 11,423 (28.7 percent, change from Visana to Assura), in Bern CHF 10,985 (26.0 percent, Vivacare to Progrès), in Basel 14,513 francs (29.5 percent, Visana to Assura), in Lucerne 6,864 francs (22.1 percent, from Swica to KK Luzerner Hinterland) and in St. Gallen 6,633 francs (19.9 percent, from Swica to Avenir).
The Romands were able to benefit from 14,654 francs (30.6 percent) in Geneva with a change from Sanitas to Supra and in Lausanne from 22,746 francs (42.3 percent, from Sanitas to Supra). In Ticino, the savings potential was 11,170 francs (26.5 percent, from Visana to Atupri).
“Many insured persons probably do not know that they could have saved more than 1,000 francs a year with a family doctor model with the new insurer over the last 10 years without having to change their family doctor,” says the Comparis expert.
Potential savings of almost CHF 10,000 for Telmed policyholders
A good 14 percent of adults in Switzerland have chosen a *Telmed model. Anyone who switched from the most expensive to early insurer 10 years ago was able to save CHF 9,420 (23.6 percent) in the city of Zurich with a CHF 2,500 deductible (switching from ÖKK to Mutuel Assurance).
With a 300-franc franchise, the maximum savings potential was 9,147 francs (17.0 percent). This could also be realized by insured persons in the city of Zurich, with a change from CSS to Mutuel Assurance.
With the HMO model, which just over *7 percent of all adults have currently opted for, you could save up to 8,438 francs (17.9 percent) over the last 10 years with a maximum deductible, namely in Basel-Stadt (change from Visana to Swica).
With the minimum deductible, the savings potential was CHF 8,075 (13.6 percent) when switching from Visana to Swica, also in Basel-Stadt.
Using the insurance premium data from the Federal Office of Public Health (BAG), Comparis examined the average basic insurance premiums and the savings potential for adults throughout Switzerland. Only cash registers and their products (model and franchise) that have been available for selection since 2011 were taken into account. Furthermore, only products with at least 100 insured persons were included in the analysis.
Felix Schneuwly Krankenkassen-Experte Telefon: 079 600 19 12 E-Mail: [email protected] comparis.ch
With over 80 million visits a year, comparis.ch is one of the most used Swiss websites. The company compares tariffs and services from health insurance companies, insurance companies, banks and telecom providers and offers the largest Swiss online offer for cars and real estate. Thanks to comprehensive comparisons and evaluations, the company brings transparency to the market. In this way, comparis.ch strengthens the decision-making authority of consumers. Founded in 1996 by the economist Richard Eisler, the company now employs over 175 people in Zurich.