Higher Swiss health insurance premiums dampen income growth

Rising health insurance premiums will continue to have a negative impact on incomes this year. According to the CPI model calculation by the Federal Statistical Office (FSO), the rise in premiums is dampening growth in average disposable income by 0.5 percentage points. +Get the most important news from Switzerland in your inbox The Health Insurance Premium Index (HIPI) will rise by 5.9% to 213.9 points for the 2024 premium year, the FSO said on Friday. The index can be used to estimate the impact of the increase in premiums on income trends. It takes into account the development of premiums for basic insurance and supplementary insurance. According to the FSO, premiums for basic insurance in 2024 will rise by 8.1% compared to the previous year to an index level of 255.9 points. This estimate corresponds to the average premium development of the entire insured population. + How to fix Switzerland’s costly healthcare system In contrast, premiums for supplementary insurance fell by ...