By Lisa Schencker, Chicago Tribune Published 7:19 pm CDT, Saturday, October 20, 2018 Michael and Sarah Johnson of Carol Stream, Ill., take an after-dinner walk with their children, Titus, 4, Avianna, 8, and Isabelle, 2. The Johnsons are members of a health care sharing ministry. Michael and Sarah Johnson of Carol Stream, Ill., take an after-dinner walk with their children, Titus, 4, Avianna, 8, and Isabelle, 2. The Johnsons are members of a health care sharing ministry. Photo: Mark Black, MBR / TNS Photo: Mark Black, MBR / TNS Image 1 of / 1 Caption Close Image 1 of 1 Michael and Sarah Johnson of Carol Stream, Ill., take an after-dinner walk with their children, Titus, 4, Avianna, 8, and Isabelle, 2. The Johnsons are members of a health care sharing ministry. Michael and Sarah Johnson of Carol Stream, Ill., take an … [Read more...] about Frustrated with health insurance costs, some turn to religious plans: ‘For us it’s been a godsend’
Health insurance cost
The average health insurance premium in Switzerland is set to rise 1.2 percent in 2019, some respite after years of hefty increases. This figure of 1.2 percent is well below the 3.5 percent average rise seen since 2008, the Federal Office of Public Health said in a statement on Monday. But the savings will not be shared across the board. Young adults aged 19 to 25, who are generally healthier and less likely to go to the doctor, will be the biggest winners with their average premiums dropping a full 15.6 percent to 274.10 Swiss francs. Read also: Swiss canton of Vaud to cap health insurance premiums at 10 percent People aged 26 and over will pick up the slack, with the average premiums for this group set to rise 2.4 percent. In terms of the cantonal breakdown, six cantons will see the smallest rises of up to 0.5 percent: Appenzell Innerrhoden, Appenzell Ausserrhoden, Fribourg, Glarus, Uri and Zug. At the other end of the scale, Jura, Neuchâtel, Ticino and Valais are … [Read more...] about Swiss health insurance costs set for smaller rise in 2019
The biggest corporations directly pay for many healthcare services. There are ways small companies can do the same. Paul Johnson Published 7:00 am, Saturday, June 23, 2018 Photo: SARINYAPINNGAM | Getty Images Image 1of/1 CaptionClose Image 1 of 1 Photo: SARINYAPINNGAM | Getty Images You Can Cut Employee Health Insurance Costs the Same Way Big Companies Do 1 / 1 Back to Gallery The cost of health insurance has risen by 50 percent in the last decade. During that time, independent physicians reduced profitability, both in percentage and actual return. How can that be? Administrative costs, regulation and place of service are major contributing factors, as is waste, fraud and abuse. A recent Harvard study shows how to cut one trillion dollars -- a third of the total cost of healthcare -- with no … [Read more...] about You Can Cut Employee Health Insurance Costs the Same Way Big Companies Do
Over the last two decades, the cost of health insurance has gone up an average of 3.7 percent per year in Switzerland and people are well and truly fed up. Health insurance costs are a hot topic in Switzerland right now. Speak to anyone in the country about what concerns them most and they are likely to mention rising premiums. “It’s two to midnight,” said Swiss price watchdog Stefan Meierhans recently, describing the current situation. Meanwhile the CEO of health insurance Santésuisse said the system was “gradually approaching collapse”. Because while almost everyone agrees Switzerland has fantastic healthcare, it comes at a high price. Healthcare costs in 2015 were equal to 12.1 percent of GDP, or second only to the United States, OECD figures show. It’s same story for per capita spending: Switzerland is set to spend 10,500 francs per person for healthcare in 2018 this year, according to the KOF Swiss Economic Institute at … [Read more...] about How can health insurance in Switzerland be made cheaper?
The CEO of a Swiss insurance believes raising the minimum health insurance excess, or deductible, to as high as 10,000 francs could mean huge savings on monthly insurance bills. The radical suggestion by the head of CCS insurance Philomena Colatrella comes in the context of increasing concern about high health insurance costs in a country where having a private health insurance policy is compulsory. The fact that health care costs and insurance premiums outstrip wage and GDP growth are also causing headaches for the Swiss government. Read also: Hundreds demonstrate in Geneva against rise in health premiums Indeed, the executive has a slew of measures on the table aimed at bringing down costs – including, for example, increased use of generic medicines – given that Swiss health spending was 11.1 of GDP percent in 2011 against an OECD average of 8.9 percent. 'Not revolutionary enough' But CCS chief Colatrella believes many of the measures put forward by the … [Read more...] about Radical 10,000-franc excess plan ‘could slash Swiss health insurance bills’