Piggy bank - Annual deductible

Annual deductible

Annual deductible represents the amount you are required to pay towards your treatment costs on a yearly basis. When you reach this amount, the insurance company starts distributing payments.

How the costs are calculated

All Swiss citizens have to take out a basic insurance policy and pay monthly premiums to the insurance company of their choice. When you need to undergo any kind of medical treatment, you are required to cover a part of the costs, and the exact amount is calculated based on:

  • Deductible
  • Retention fee
  • Hospital stay costs

Deductible costs

The costs differ from one insurance company to the other and depend on whether you have taken out the basic or supplementary insurance policy.

When it comes to compulsory health insurance, annual deductible for all young adults and adults is 300 francs. Children younger than 18 are not obliged to pay annual deductible.

Retention fee

Once you exceed the deductible, you are required to pay for 10% of all your treatments’ costs. This charge is referred to as retention fee and it can reach an annual maximum of CHF 700 for adults and CHF 350.

Hospital stay costs

If you stay in the hospital, you are charged CHF 15 per day. Only children, young adults, women with maternity benefits, and adults in training or education do not have to pay hospital contribution.

Reducing insurance premium

If you want to reduce your insurance premium, you can increase your deductible. However, note that this can only be done at the beginning of a calendar year.

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