Rising health insurance premiums: Understand, react and optimize
The media are already announcing it – health insurance premiums will rise again next year. But why is that? Why do premiums seem to increase almost every year? And how can we as consumers best respond to protect our financial health? In this post, we’ll answer these questions and show you how to get the best value for your money when it comes to health insurance.
Why do premiums go up almost every year?
Demographic development: One of the main factors behind rising premiums is demographic development. Our population is getting older on average. This means that more and more people are using services that are specifically geared towards older people. Whether it’s prescription drugs, physical therapy or long-term care, the cost of elder care is high and rising. Insurers have to cover these rising costs, and this leads to higher premiums for all insured persons.
Medical progress: Medical progress is a boon to society because it enables us to combat and cure diseases that were previously untreatable. However, this progress comes at a high cost. New treatments, drugs, and technologies are often expensive and cause overall health care costs to rise. These costs must then be passed on to the insured via health insurance premiums.
Save money and optimize insurance coverage
It is true that you can save money by switching your basic insurance. Different health insurance companies offer different premiums, and it’s worth comparing them regularly to see if it makes sense to switch.
However, it is important to note that it is not just about saving money. It’s also about making sure your insurance provides you with the coverage you need. Therefore, a change in basic insurance should always be considered in the context of a review of your overall insurance coverage. This also includes continuously monitoring the offerings of health insurers in Switzerland, as they are constantly launching new supplementary insurance plans on the market.
Flexibility and long-term security: the benefits of the “Flex Top” supplementary insurance policy
As a good example of a new and exciting supplementary health insurance, we can mention the new flexible supplementary insurance “Flex Top” from KPT Health Insurance. It offers the advantage of being completely adaptable to your needs. As a person with general insurance, you initially benefit from lower premiums without having to forgo a higher level of care in an emergency.
In the event of an incident, you have the option of choosing selectively between general, semi-private or private hospital care, depending on your situation and wishes. KPT actively participates in the additional costs incurred, so that you always receive optimal care without having to fear unexpected financial burdens.
In addition, the new “Flex Top” supplementary insurance also offers you long-term security. Up to 10 years after the start of the contract, you can switch to semi-private or private supplementary insurance without a prior health check. This gives you the opportunity to adjust your insurance to changing life circumstances and always ensure the best care.
Our goal for you: to achieve the best cost-benefit ratio. We can help you review and optimize your current insurance coverage to ensure you’re getting exactly the coverage you need – and not paying more than necessary.
If you have any questions or would like a review of your insurance coverage, please do not hesitate to contact us. We are here to help and guide you through the complexities of health insurance.