Health Insurance Switzerland: Tips for Saving on Premiums

Health Insurance Switzerland: Why Premiums Matter

Health insurance is mandatory in Switzerland — this means: as soon as you register in Switzerland, you must take out health insurance. Health Insurance Switzerland covers most medical costs and is an important part of the Swiss social insurance system. For many newcomers from abroad, this area is complex because contributions can be substantial and there are many differences between providers.

The good news: there are many ways to save on your health insurance premiums — without forgoing necessary services. With the right tips, you can quickly save several hundred francs per year.

1. Switch Health Insurance and Compare Premiums

The most important tip is: compare rates regularly. Premiums differ between insurers by 20-30 per cent — for the same services. Every year you can switch your health insurance without giving a reason. The notice period is 30 November each year for a change to 1 January.

On priminfo.admin.ch you will find an official premium comparison provided by the Federal Office of Public Health (BAG). Here you can enter your postcode and see all available rates in your region. Take time for this comparison — it's worth it!

2. Choose the Right Excess and the Right Model

With Health Insurance Switzerland, you have a choice between different excesses (deductibles). The standard excess is CHF 300 per year, but you can also choose CHF 500, CHF 1,000 or even CHF 2,500. A higher excess results in lower premiums — but you will have to pay more yourself in case of illness.

Consider: if you rarely see a doctor and are healthy, a higher excess may be worthwhile. However, you should have an emergency fund in case unexpected costs arise. Some insurers also offer HMO models or doctor models where you see your GP first — these are often cheaper.

3. Use Generics and Network Pharmacies

If you take medication regularly, generics can save considerable costs. Generics are cheaper imitation products of originals and have the same effect. Ask your pharmacist if a generic is available. In Switzerland, the cost advantage is often 30-50 per cent.

Some health insurers also have agreements with certain pharmacies (network pharmacies) where you as an insured person receive a discount. Find out which pharmacies near you are part of your health insurance network.

4. Check Premium Relief — Often a Major Saving Opportunity

Many people are unaware of premium relief or are reluctant to apply for it. This is a mistake, as the state can cover substantial parts of your premium — up to 80 per cent in some cantons. Whether you are eligible depends on your income and assets. The cantons and municipalities administer premium relief.

Contact your canton's social insurance department and ask about income thresholds. Most cantons also have online calculators on their websites. It doesn't hurt to ask — the saving potential is often surprising.

5. Payment in Monthly Instalments versus Annual Amount

Some insurers offer a small discount if you pay the entire annual premium in one go instead of monthly instalments. The discount is small (usually 1-3 per cent), but spread over the year it can still save CHF 50-100. If you have the financial means, this option is worthwhile.

6. Review Supplementary Insurance

Many people additionally have supplementary insurance (also called additional insurance) for dental treatment, glasses, homeopathy or alternative medicine. These insurances are often expensive and not used at all. Consider: do you really need them? Some dental treatments are so expensive that dental insurance may make sense — but for glasses that are only changed every two years, it is often a waste of money.

7. Negotiate as an Employee — Use Group Rates

Some employers in Switzerland negotiate group rates with health insurers. This means: if you are insured through your employer, you pay a lower premium. Ask your personnel department whether there is a group rate available. Larger companies in particular often have such arrangements.

Conclusion: Save Strategically with Professional Support

Premiums for Health Insurance Switzerland are a major item in the budget — especially for newcomers. With these tips, you can often save CHF 500-1,000 per year. The key is to compare regularly, choose the right excess and take advantage of discounts and government assistance such as premium relief.

However, the situation can vary greatly from person to person — depending on age, health status, income and place of residence. This is why we recommend speaking to an experienced adviser who can analyse your personal situation. Your adviser at Helpner can help you find the best insurance solution for your family and save real money.

Book a free consultation appointment — we'll show you where your saving opportunities lie and support you in selecting the optimal health insurance.