The cost of healthcare and the compulsory insurance residents must pay to fund it continue to rise. In 2022, healthcare spending rose 2.5%. At the same time, dental care is not covered. Politicians from the Green Party would like it included in basic cover. However, parliament voted against the idea this week, reported RTS. The […]
Study shows how Swiss doctors and hospitals overcharge
A new study suggests that doctors and hospitals are overcharging by more than one billion francs every year, reported SRF. Some in the medical profession have questioned the sum, which came from doctoral research done by Larisa Petrov. Petrov is a lawyer and head of legal at the consulting firm Blacklight Analytics. She did the […]
Health care cost brake initiative to go to a vote
This week, a government proposal presented as an alternative to a referendum aimed at limiting healthcare costs was rejected by initiative organisers. This means the question will be put to voters. The initiative, which is supported by the Centre Party, would require actors in the healthcare system to agree on cost-cutting measures if healthcare costs […]
One in ten Swiss worried about money at the end of the month
A study published this week by the Federal Statistical Office (FSO) shows nearly 1 in 10 (9.9%) people in Switzerland has trouble making their money last until the end of the month. And, 4.9% had to go without goods, services or social activities due to a lack of money. The study is a European comparison […]
No price rises for Swiss public transport in 2025
Alliance Swisspass, an organisation that stitches together Switzerland’s various public transport providers to create tickets and passes that work across the network, announced this week that there would be no ticket price increases in 2025, reported SRF. A recent rise in the number of people using the network is bringing in more revenue. This is […]
Higher Swiss pensions to be funded with higher tax
On 3 March 2024, a majority of Swiss voters accepted a plan to increase the state pension by 1/12th (8.3%) – an extra 13th month of pension will be paid from 2026. Organisers of the vote claimed pension finances were in good shape, implying there was money to fund it. However, there wasn’t. This week […]
Some relief on Swiss electricity bills in pipeline
When we pay electricity bills we also have to pay for the infrastructure that brings it to our homes. Part of this infrastructure is run by Swissgrid. On 20 March 2024, Swissgrid announced a cut in what it charges from 2025. In 2025, a household with an annual consumption of 4,500 kWh will pay an […]
Swiss National Bank surprises with interest rate cut
On 21 March 2024, the Swiss National Bank (SNB) lowered its key interest rate from 1.75% to 1.5%. The move makes the SNB the first significant central bank to lower rates as inflation slows. The cut surprised many analysts and economists. The consensus expectation was for no change in the rate. Many other central banks […]
Over half of Swiss families struggling to make ends meet
A survey published this week by the organisation Pro Familia shows that 52% of families across Switzerland are struggling to make ends meet. For many families in Switzerland, money is tight or insufficient to cover all living expenses. The percentage finding themselves in this position rose from 47% to 52%. The rising cost of health […]
New weight loss drugs likely to push up premiums
Since the beginning of March, Swiss health insurance companies have been covering the cost of Wegovy, a weight loss product, reported SRF. Previously, Ozempic, a drug also used by diabetics, was being prescribed for weight loss. Going forward, it is expected that the drugs Wegovy and Saxenda will be prescribed for weight loss instead of […]