Juan Convers

Every year when the health insurance renewal letters arrive, I get that familiar sinking feeling. Premiums going up again? Of course they are. I finally decided to look at the actual numbers, and yeah, the data confirms what we all suspected.

Back in 2001, the average earned premium per insured person was 1,911 CHF. Fast forward to 2024, and we’re looking at 4,234 CHF. That’s a 121% increase over 23 years, or about 3.5% annual growth. Not exactly a surprise, but seeing it spelled out still stings a little.

This year I had to switch to another provider in order to keep my premium increase manageable, and I know I’m not alone in that. Every year the effort of comparing plans and switching providers becomes more of a necessity than a choice. I wonder if a public option could curb these rising costs.

Source: Dashboard de l’assurance-maladie